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1 bedroom flat for sale
The Campus, 30 Frederick Road, Salford, M6
£76,000
The Campus, 30 Frederick Road, Salford, M6
£76,000
Price History
Initial price | £90,000 |
10/09/24 | £76,000 |
Price Change | -15.56% |
Description
This modern studio apartment in X1 The Campus Block B, Salford, is an excellent investment opportunity with a tenant already in place, generating immediate income. The property benefits from a 999-year lease, commenced in 2018, and a ground rent of £454.70 per year. The annual service charge is £2,217.32, and the average weekly rent achieved is £177. The apartment is part of a development that offers a range of amenities, including an on-site gym, communal space, and bike store, as well as on-site security and CCTV. The property is located close to Salford University and has good transport links into the city. With a review date of 2029 and a 5-year RPI & Billing Period, this investment opportunity is ideal for those looking to generate a steady income with minimal hassle.