The Lettings Club

4th Floor,
9 - 11 Sunbridge Road,
Bradford
West Yorkshire
BD1 2AZ

Frederick Road, Salford

Offers in the region of £80,000 Sold (STC)

Apartment

Ready made investment property
7.3% NET yield
Located next to the university campus
Hands off investment
Self contained studio
On-site facilities
Sold furnished
Short walk into Manchester city centre
Earn instant income
Secure today for the asking price

ATTENTION INVESTORS - PURCHASE THIS READY MADE INVESTMENT PROPERTY!

Tenanted Property sales are delighted to offer to market this tenanted studio apartment in this student focused development in Salford. Providing super-convenient access onto Salford university campus, the development benefits from a host of hotel style facilities on-site and available for residents to use. The high spec continues into the apartment itself which also benefits from a full package of attractive furniture.

A look inside the property:

The apartment briefly comprises; Entrance hallway, open plan kitchen // living space // bedroom and a good sized shower room.

The development:

X1 The Campus boasts a strategic location next to Salford University’s Frederick Road Campus, with onsite campus shops, food options, and the student union at your doorstep. The local area offers shops for day-to-day essentials whilst residents can explore further into Manchester for an array of coffee shops, bars and independent eateries.

Facilities:

- Well equipped Gym
- Social space
- Onsite security

Nearby:

Frederick Road Campus (3-minute walk)
University of Salford (7-minute walk)
Salford Crescent Station (12-minute walk)
Futureworks (14-minute on public transport)
Shockout Arts (15-minute drive)
University of Manchester (25-minute on public transport)
Manchester Metropolitan (25-minute on public transport)

Financial Breakdown:

Occupancy: Tenanted
Tenure: Leasehold (Approx. 248 years remaining)
Gross rent: £9120
Gross yield: 11.4%

Service charge: Approx. £2143
Ground rent: Approx. £250
Lettings management: £876

Approx. NET: £5851PA
NET yield: 7.3%

Energy Efficiency and Environmental Impact

Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

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