£60,000
(£242/sq. ft)
1 bed flat for saleFrederick Road, Salford M6
1 bed
248 sq. ft
EPC Rating: B
Added on
About this property
Gym
Communal laundry facilities
Communal lounge
Postal room
Lift access
X1 The Campus is a purpose-built student accommodation development located close to the University of Salford, making it a convenient option for students and an attractive investment opportunity.
Apartment C202 is currently tenanted, allowing an incoming purchaser to benefit from an established rental investment.
The studio is offered fully furnished and includes a double bed with mattress, bedside table, wardrobe, desk, TV, sofa, fridge/freezer, kettle, microwave and toaster.
Residents have access to a range of communal facilities within the development, including an onsite gym, laundry facilities, residents’ lounge, postal room and lift access.
The property is well positioned for the University of Salford and benefits from good transport connections into Manchester city centre.
Cash buyers only. Please note that Airbnb and other short-term lettings are not permitted under the terms of the head lease.
Key Figures
Asking Price: £60,000
Current Rent: Approximately £194.23 per week
Approximate Annual Rental Income: £10,100
Approximate Gross Rental Yield: 16.8%
Service Charge: £804.94 charged for Q2 2026 and £804.94 for Q3 2026
Lettings Management Fee: 9% + VAT
Council Tax: Band A - students may qualify for exemption; other occupiers are responsible for any council tax applicable to their occupation
Lease: 999 years from 2018
Ground Rent: £482.96 per annum
Ground Rent Review: January 2029
Ground Rent Review Basis: Every 5 years in line with rpi
Service Charge Billing Period: 1 January - 31 December
EPC Rating: B
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More information
Tenure
Leasehold (991 years)
Service charge
£3,973 per year
Council tax band
A
Ground rent
£482
Ground rent date of next review
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