The Campus, 30 Frederick Road... 1 bed property for sale

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The Campus, 30 Frederick Road... 1 bed property for sale

The Campus, 30 Frederick Road, Salford, M6
£70,000

Price History

Initial price £90,000
10/09/24 £76,000
21/01/25 £72,000
19/08/25 £70,000
Price Change -22.22%

Description

This modern studio apartment in Salford is an excellent investment opportunity, offering a gross yield of 12.5% and a net yield of 7.55%. The property is tenanted, providing immediate rental income, and is located near Salford University, making it attractive to students and young professionals. The apartment is part of the X1 The Campus Block B development, which offers a range of amenities including a complimentary onsite gym, large communal areas, secure bike storage, and on-site security. The property also benefits from a 999-year lease, with a ground rent review date in 2029 based on RPI. With a service charge of £2245.07 for 2025, this property offers a hassle-free investment opportunity for those seeking a turnkey property with secure rental income.