Studio

32 Frederick Road, 
Manchester, 
M6 6LE
Purchase price
£63,000
  • Tenanted
EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - CASH BUYERS ONLY! A studio apartment in the extremely popular X1 The Campus, on the doorstep of Salford university. Enquire today to avoid disappointment.
  • Financial Performance*
Gross rent
£10,322
Ground rent
£500
Service charge
£3,153
Lettings fees
£1,032
Net income
£5,637
Gross yield
16.38%
Net yield
8.95%
  • Key Features
  • Purpose built student accommodation
  • Desirable development
  • 4th floor
  • Spacious studio apartment
  • Kitchenette and ensuite
  • Communal areas
  • Lift access
  • Fantastic location

This premium student studio apartment comes fully furnished to the highest specification and includes; a double bed, bedside table, wardrobe, a study area with desk, a sofa, dining table and chairs, a fitted kitchen with appliances and finally, a flat screen TV. X1 The Campus also provides residents with luxury communal facilities including a resident’s only gym, a communal lounge and cinema room, bicycle storage, a laundry room, free Wi-Fi, overnight security and a secure entry system. With so much to offer, it is no surprise that X1 The Campus is so popular amongst students at the University of Salford!

X1 The Campus couldn’t be in a more ideal location, literally being just around the corner from the University of Salford’s Frederick Road campus, whilst Manchester city centre and MediaCityUK are also not too far away. X1 The Campus is within walking distance of local pubs and bars as well as a variety of great transport links, such as Salford Crescent Train Station and buses which link students to both Salford and Manchester city centres. Students also have access to local green spaces such as Peel Park where they can escape from busy university life, whilst also being well placed to enjoy all the benefits of modern urban living in one of the UK’s most exciting cities.

Salford is an excellent place to invest right now with roughly 19,000 students enrolled at the University of Salford, a figure that is on the rise year on year. More than 90% of these students cannot be housed by the university and instead require private rental accommodation, meaning that high quality apartments such as the ones in X1 The Campus are snapped up extremely quickly. This property won’t be on the market for very long, enquire today to avoid disappointment!

  • Financial Performance *
Gross rent
£10,322
Ground rent
£500
Lettings fees PA
£1,032
Service charge
£3,153
Net income
£5,637
Gross yield
16.38%
Net yield
8.95%

Fill in your details below to enquire about property YL-08447
Studio

32 Frederick Road, 
Manchester
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*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC