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Studio for sale

£99,995 (£344/sq. ft)

30 Frederick Road, Salford M6

1 1 291 sq. ft*

Images may include optional upgrades at additional cost

Interested in this property? Call +44 161 937 2059 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Student accommodation within the University of Salford campus
  • On-site gymnasium
  • Close to both Manchester and Salford city centres
  • Close to great public transport options
  • Secure bicycle storage
  • Secure car parking on selected units
  • Management office
  • Cinema room
  • Let and managed by the award-winning X1 Lettings

Property description

Premium student accommodation buy-to-let investment opportunity in Salford!

The 12 large premium studios contained in this development will offer students the best possible university experience. This latest development from Knight Knox and X1 will set a new benchmark of quality for student accommodation.

Description

Of the 271 studio apartments within X1 The Campus, 12 of them are large, premium studios which will offer students a fantastic university living experience. The city of Salford is not just one of the uk's strongest residential hotspots, it is also a thriving student hub - a fantastic university which is a leader in its field, which also has range of pubs, restaurants and shops in the local area.

The studio apartments at X1 The Campus will enter a Salford market where there is an acute imbalance between supply and demand. The University of Salford houses only a small proportion of its students and there is a lack of high quality private accommodation in the local area to make up the shortfall.

The development itself could not be much closer to the University and is also well serviced by public transport links which give the student residents easy access to both Salford and Manchester city centres. The University also has a state of the art campus at MediaCityUK, Europe's first bespoke media hub, which is easily accessible from X1 The Campus. This development is blessed with a truly unbeatable location for its future tenants.

Location

X1 The Campus will be located within the grounds of the University of Salford which will undoubtedly make it highly desirable among students looking for the highest quality student accommodation.

The city of Salford itself is one of the uk's most innovative places, especially when it comes to the digital economy and new advanced technologies and manufacturing - not coincidentally, these are the areas which the University of Salford specialises in. The neighbouring city of Manchester is, likewise, one of the uk's premier destinations for students and has a reputation as a vibrant and exciting place for young people to live. The excellent public transport options on offer to residents of X1 The Campus mean that students will never be far away from either city and able to explore at will.
Market activity
Average price paid £146,467 Sales 317 Current average value £151,825 (Zoopla Zed-Index) Value change £2,648 ▲ 1.77%

Property value data/graphs for M6

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £297,193 £188 3.5 £250,038
Semi-detached £179,416 £176 3.2 £171,712
Terraced £124,635 £142 2.6 £129,074
Flats £130,596 £162 1.8 £108,762

Current asking prices in M6

Average: £140,589
Avg. current asking prices in M6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £119,000
(2)
£121,945
(21)
£183,342
(26)
£237,273
(11)
£246,250
(4)
Flats £96,811
(11)
£121,990
(10)
£192,950
(1)
- -
All £100,225
(13)
£121,960
(31)
£183,697
(27)
£237,273
(11)
£246,250
(4)

Current asking rents in M6

Average: £911 pcm
Avg. current asking prices in M6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £443 pcm
(58)
£752 pcm
(23)
£964 pcm
(59)
£1,250 pcm
(44)
£1,602 pcm
(6)
Flats £420 pcm
(55)
£717 pcm
(8)
£819 pcm
(2)
- £2,925 pcm
(3)
All £432 pcm
(113)
£743 pcm
(31)
£959 pcm
(61)
£1,250 pcm
(44)
£2,043 pcm
(9)

Fun facts for M6

Highest value in M6
Highest value streets Zed-Index
Park Road £373,798
Lullington Road £366,818
Manor Road £309,852
Devonshire Road £285,860
Weylands Grove £285,453
Highest turnover in M6
Highest turnover streets Turnover
Daisy Street 42.9%
Westgate Road 42.9%
Peacock Avenue 41.9%
Annie Street 40.0%
Jubilee Street 40.0%

What Zoopla users think of Salford

Overall rating:

  • currently 3.5 stars
Good - 72% (374 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 (0.3 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)
  • Abbey College Manchester (1.6 miles)
  • Connell Sixth Form College (3.6 miles)
  • Oldham Sixth Form College (7.4 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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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Knight Knox, M17 on +44 161 937 2059 * (local rate)

Monthly running costs Beta

£560 Monthly total

Mortgage

Purchase price
Deposit (10%) 9,999
Repayment term 25
Interest rate 1.5
Your payment £359 /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 £24 Estimated energy cost £43/mo

Similar properties could save up to £144

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 Knight Knox, and do not constitute property particulars. Please contact Knight Knox 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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