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The Campus, 30 Frederick Road... 1 bed flat for sale
The Campus, 30 Frederick Road, Salford, M6
£72,000
The Campus, 30 Frederick Road, Salford, M6
£72,000
Price History
Initial price | £90,000 |
10/09/24 | £76,000 |
21/01/25 | £72,000 |
Price Change | -20.00% |
Description
This modern studio apartment in X1 The Campus Block B, Salford, is a fantastic investment opportunity for investors seeking a turnkey property with secure rental income. The property is tenanted, providing immediate rental income, and is located in a prime area near Salford University, appealing to students and young professionals. With excellent transport links to Manchester city center, the property offers convenient city living. The studio apartment features a range of amenities, including a complimentary onsite gym, large communal areas, secure bike storage, and onsite security with CCTV coverage. The property also benefits from a 999-year lease, commenced in 2018, and a low ground rent of £454.70 per year, with the next review date in 2029. With a service charge of £2,217.32 in 2024 and a current rent achieved of £177 per week, this property offers a strong potential for long-term returns.