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Studio for sale

£89,995 From

Frederick Road, Manchester M6

1 1
Interested in this property? Call +44 1952 476892 * or Request Details

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Property features

  • Buy-to-Let Investment Opportunity
  • Private Student Accomodation
  • Studios & Penthouse Studios Available
  • 6% Est. Annual Net Return
  • Located Within Salford University

Property description

Detailed Description

Student studio apartments

Consisting of 271 student studio apartments split over two blocks and eight floors within the University of Salford Frederick Road Campus. The top floor has been set aside for 11 premium penthouse studios which are larger than the standard studios and have the best views, something which the student residents are sure to appreciate. Salford plays host to everything which a modern student could possibly want from a university city - not just a fantastic university which is a leader in its field, but also a range of pubs, restaurants and shops in the local area.

Studio apartment from £89,995
penthouse studio from £109,995

Market activity
Average price paid £151,880 Sales 319 Current average value £157,925 (Zoopla Zed-Index) Value change £8,577 ▲ 5.74%

Property value data/graphs for M6

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £309,787 £193 3.5 £280,181
Semi-detached £192,352 £188 3.2 £182,045
Terraced £125,914 £148 2.6 £131,162
Flats £134,913 £164 1.8 £106,020

Current asking prices in M6

Average: £177,650
Avg. current asking prices in M6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £121,000
(3)
£126,814
(11)
£181,216
(46)
£224,750
(20)
£290,778
(9)
Flats £92,915
(13)
£119,889
(9)
£192,950
(2)
- -
All £98,181
(16)
£123,698
(20)
£181,705
(48)
£224,750
(20)
£290,778
(9)

Current asking rents in M6

Average: £846 pcm
Avg. current asking prices in M6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £450 pcm
(61)
£813 pcm
(10)
£858 pcm
(30)
£1,106 pcm
(38)
£1,788 pcm
(9)
Flats £444 pcm
(54)
£652 pcm
(6)
£724 pcm
(1)
- £2,925 pcm
(1)
All £447 pcm
(115)
£753 pcm
(16)
£854 pcm
(31)
£1,106 pcm
(38)
£1,902 pcm
(10)

Fun facts for M6

Highest value in M6
Highest value streets Zed-Index
Park Road £395,003
Lullington Road £385,196
Manor Road £330,779
Devonshire Road £302,849
Chaplin Close £294,085
Highest turnover in M6
Highest turnover streets Turnover
Jubilee Street 50.0%
Daisy Street 42.9%
Rudyard Road 42.1%
Peacock Avenue 41.9%
Hunts Road 41.7%

What Zoopla users think of Salford

Overall rating:

  • currently 3.5 stars
Good - 72% (394 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Salford:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Salford Crescent (0.2 miles)
  • Salford Central (1.0 mile)
  • Manchester Victoria (1.5 miles)
  • Manchester International Airport (9.3 miles)
  • Liverpool John Lennon Airport (25.9 miles)
  • Leeds Bradford International Airport (36.4 miles)
  • Liverpool Pier Head Ferry Terminal (30.1 miles)
  • Liverpool Belfast Ferry Terminal Bootle (30.1 miles)
  • Liverpool Isle of Man & Dublin Terminal (30.2 miles)

Nearby schools

View all schools in Salford
  • St Paul's CofE Primary School (0.4 miles)
  • Lark Hill Community Primary School (0.5 miles)
  • Holy Family VA RC Primary School (0.5 miles)
  • Abbey College Manchester (1.5 miles)
  • Connell Sixth Form College (3.6 miles)
  • Oldham Sixth Form College (7.4 miles)
  • The Albion Academy (0.4 miles)
  • Oasis Academy MediaCityUK (0.9 miles)
  • Buile Hill Visual Arts College (1.1 miles)
Note: Distances are straight line measurements

Local info for Salford

About the neighbours in M6

AskMe Q&A for Salford

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Arrange Viewing

For more information about this property, please contact
Nu:Move International, TF2 on +44 1952 476892 * (local rate)

Monthly running costs Beta

£526 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,999
Repayment term 25
Interest rate 1.5
Your payment £323 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £19/mo (£231/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £19 Electricity £26 Estimated energy cost £45/mo

Similar properties could save up to £147

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5700 kWh/year
Electricity: 1900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Salford

Estimated tax band A Council tax cost £111 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £13 Sewerage £15 Estimated water cost £28 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Nu:Move International, and do not constitute property particulars. Please contact Nu:Move International for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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