House For Sale Frederick Road, Salford, M6

£80,000

1 of 7
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Last Updated: 16th April 2024

Description

Studio for Sale in Salford, EWS1 in place , Tenant in place - Cash buyers only please.

\rInvestment Opportunity, Cash Buyers please.

Fully furnished studio apartment. On site gym and communal areas. Perfect for students or young professionals! Close to Salford University and great transport links into the city.

Fully furnished studio apartment For Sale . Close to Salford University and great transport links into the city.

Great Investment Opportunity ! Comes with a tenant in place until August 2024 and a management company also in place.

Modern studio apartment in X1 The Campus Block A for sale. Close to Salford University and great transport links into the city.

This apartment has a tenant in place so the buyer can look to recive immediate income on this investment.

Quick Financials:

2024 Service charge amount for the year - £2,217
Rent achieved for current academic year - £177 per week.

Lettings Management fee 9% + VAT
Council Tax Band A (students are exempt and working professionals would be required to pay their own council tax)
Lease length is 999 years - commenced 2018
Ground rent - £454.70 per year
Review date 01/2029 / 5 year RPI & Billing Period - 01 Jan - 31 Dec

X1 The Campus provides an array of amenities including an onsite gymnasium complimentary to all tenants, large communal space and bike store. On site security is provided 7pm-7am 7 days a week along with CCTV and emergency maintenance call outs.

*Sample photos used of similar studio type*
Agent Details
X1 Sales & Lettings
9 Michigan Avenue, Salford, M50 2HA

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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