Frederick Road, Salford, Greater Manchester

£94,995

KEY FEATURES
  • Self Contained Studio
  • Immediate Income
  • Sixth Floor
  • Perfect Location For Students
  • Walking Distance To Train Station
  • Outdoor Courtyard
  • Games Room
  • On Site Gym
  • On Site Security
  • Secure Bike Storage

Financial Performance
Gross rent £7,968
Ground rent £350
Service charge £1,719
Lettings fees £765
Net income £5,134
Gross yield 8.3%
Net Yield 5.4%
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 Mr Investa is delighted to offer this self contained studio apartment with on site gym and tenant in situ offering immediate income. Location, Location, Location.

Developed in 2020 with students in mind. X1 Campus is perfect for situated on the grounds of Salford university students can walk out of their door and into the university.

The property briefly comprises; 1 bedroom, 1 bathroom and is all open plan living.

Located in Salford, Greater Manchester the property is ideally located for students with easy access to Salford University and Manchester city centre. The property is based just off Chapel Street one of the main road connecting Salford and Manchester known as the Salford cord. A short walk and you will find a choice of restaurants, shops, bars and cafes.

Financial Performance:

Current rent - £7,968 pa
Service charge - £1,719.98 pa
Lettings fee - £765 pa
Ground rent - £350 pa

Tenure:

Leasehold - 998 years remaining

NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa does not accept any responsibility in respect of this information provided.