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Studio for sale

£89,995 Guide price

X1 The Campus, 30 Fredrick Road, Salford, Greater Manchester M6

1 1
Interested in this property? Call +44 20 8115 7403 * or

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Property features

  • Roof Terrace
  • High specification interior
  • Estimated 6% net Yield
  • Private residential cinema
  • State of the art gymnasium

Property description

This fantastic studio apartment provides a very exciting investment opportunity with an estimated 6% net yield! Your tenant, the student, will benefit from an on-site gymnasium and cinema room.

There are now less than 30 apartments remaining within this building and it's expected these will soon sell - all are at the same price of £89,995 and the layouts are virtually identical throughout to the floor-plans in this listing.

Manchester hosts over 19,000 students and X1 The Campus is the latest addition to the thriving student accommodation scene in Salford. Located within the University of Salford campus, this development will provide luxury living to those studying in Manchester.

X1 The Campus location is right on the corner of University of Salford Frederick Road Campus, just minutes from the River Irwell and Salford city centre.

This exciting student accommodation is within walking distance of local pubs and bars, as well as being close to public transport which links students to both Salford and Manchester city centres.

Salford Crescent rail station provides links into Deansgate (3 minutes); Manchester Victoria (6 minutes) and Manchester Piccadilly (11 minutes).

** Images are indicative only **


Floorplan(s): Floorplan Floorplan

Floorplan View original

Market activity
Average price paid £144,547 Sales 310 Current average value £153,001 (Zoopla Zed-Index) Value change £6,280 ▲ 4.28%

Property value data/graphs for M6

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £297,840 £190 3.5 £250,038
Semi-detached £182,704 £180 3.2 £169,735
Terraced £124,428 £144 2.6 £127,047
Flats £131,183 £164 1.8 £104,311

Current asking prices in M6

Average: £140,692
Avg. current asking prices in M6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £170,000
(1)
£126,752
(21)
£182,823
(23)
£238,125
(8)
£307,500
(4)
Flats £93,683
(10)
£106,680
(10)
£160,283
(3)
- -
All £100,621
(11)
£120,277
(31)
£180,222
(26)
£238,125
(8)
£307,500
(4)

Current asking rents in M6

Average: £1,022 pcm
Avg. current asking prices in M6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £441 pcm
(56)
£775 pcm
(20)
£1,035 pcm
(76)
£1,249 pcm
(59)
£1,665 pcm
(18)
Flats £447 pcm
(41)
£739 pcm
(11)
£745 pcm
(4)
- £2,925 pcm
(3)
All £443 pcm
(97)
£762 pcm
(31)
£1,020 pcm
(80)
£1,249 pcm
(59)
£1,845 pcm
(21)

Fun facts for M6

Highest value in M6
Highest value streets Zed-Index
Park Road £379,261
Lullington Road £377,197
Manor Road £307,004
Devonshire Road £289,232
Weylands Grove £287,662
Highest turnover in M6
Highest turnover streets Turnover
Westgate Road 42.9%
Peacock Avenue 41.9%
Annie Street 40.0%
Jubilee Street 40.0%
Park Road 38.9%

What Zoopla users think of Salford

Overall rating:

  • currently 3.5 stars
Good - 72% (372 ratings)

Ratings breakdown:

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

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

Nearby transport

  • Salford Crescent (0.3 miles)
  • Salford Central (1.1 miles)
  • Manchester Victoria (1.5 miles)
  • Manchester International Airport (9.4 miles)
  • Liverpool John Lennon Airport (25.9 miles)
  • Leeds Bradford International Airport (36.3 miles)
  • Liverpool Belfast Ferry Terminal Bootle (30.1 miles)
  • Liverpool Pier Head Ferry Terminal (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 (0.5 miles)
  • Holy Family VA RC Primary School (0.5 miles)
  • Lark Hill Community Primary School (0.6 miles)
  • Edstart (0.6 miles)
  • UTC@MediacityUK (1.2 miles)
  • Salford City College (1.5 miles)
  • The Albion Academy (0.3 miles)
  • Oasis Academy MediaCityUK (1.1 miles)
  • Buile Hill Visual Arts College (1.1 miles)
Note: Distances are straight line measurements

Local info for Salford

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For more information about this property, please contact
Invest Off Plan, CO3 on +44 20 8115 7403 * (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 £18 Electricity £27 Estimated energy cost £45/mo

Similar properties could save up to £123

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 Invest Off Plan, and do not constitute property particulars. Please contact Invest Off Plan 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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