Studio for sale

The Campus Block A, 30 Frederick Road, Salford, Lancashire M6

Cherry Picked Properties are pleased to present this fantastic investment opportunity, offering an impressive gross rental yield of 17.5% and a net yield of approximately 13.17%, based on a purchase price of £60,000.

Currently generating £875 pcm (£10,500 per annum) in rental income, with annual service charge and ground rent costs totalling £2,600, this fully furnished student studio apartment offers an attractive investment opportunity in a highly convenient location.

The apartment is finished to a high specification and comprises a double bed, bedside table, dedicated study area with desk, wardrobe, sofa, dining table and chairs, fitted kitchen with appliances and a flat-screen television.

The Campus development also benefits from an excellent range of communal facilities, including a gym, on-site cinema, quiet study areas, laundry room, free Wi-Fi, management office, bicycle storage, rooftop terrace, secure entry system and overnight security.

Ideally positioned just around the corner from the University of Salford's Frederick Road campus, the development is also within easy reach of Manchester city centre and MediaCityUK.

Residents benefit from excellent transport connections, including Salford Crescent Train Station and regular bus services linking Salford and Manchester city centres. Local shops, pubs, bars and green spaces, including Peel Park, are also within walking distance.

Investment & Property Information

Asking Price: £60,000

Rental Income: £875 pcm / £10,500 pa

Gross Rental Yield: 17.5%

Net Rental Yield: Approximately 13.17%

Service Charge: £2,250 pa

Ground Rent: £350 pa

Total Annual Charges: £2,600

Council Tax Band: A

Lease Term: 999 years less 3 days commencing 01.01.2018

Ground Rent Review: 31.12.2025 / 5-year rpi

Billing Period: 1 January – 31 December

EPC Rating: B

With strong rental returns and a prime location close to the University of Salford, this apartment presents an excellent opportunity for investors seeking an income-generating property.

For further information or to register your interest, please contact Cherry Picked Properties on .

Important note to potential purchasers: We endeavour to make our particulars accurate and reliable; however, they do not constitute or form part of an offer or any contract and should not be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us, and no guarantee as to their operating ability or efficiency is given. All photographs and measurements are provided as a guide only and are not precise. Floor plans, where included, are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Aml Checks

As part of our legal obligations under Anti Money Laundering regulations, all purchasers are required to complete identity and verification checks before a Memorandum of Sale can be issued. A charge of £30 + VAT (£36including VAT) per person is payable to cover the cost of these checks, including any necessary manual verification and ongoing monitoring. This fee is payable in advance and is non refundable.