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Studio for sale

£109,995 (£292/sq. ft)

30 Frederick Road, Salford M6

1 1 377 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
  • Communal lounges

Property description

Brand new student accommodation buy-to-let investment opportunity: X1 The Campus!

X1 The Campus will be in high demand from students looking for the best possible university experience and the few lucky enough to live in these penthouse apartments with the lovely views over the University and Salford will be delighted.

Description

X1 The Campus we be made up of 271 student studio apartments split over two blocks. 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.

The studio apartments at X1 The Campus will provide much-needed student accommodation to the local market. The mismatch between the supply of and demand for high quality student accommodation is a trend across the UK and is particularly prominent in Salford where the University provides accommodation to less than 10% of enrolled students.

X1 The Campus could not be much closer to the University and is also close to all the pubs, restaurants, shops and other amenities which Salford has to offer. 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.

The penthouse apartments themselves will provide students with a fantastic experience of university life. Each penthouse is a large, bright living environment and is kitted out with high end fixtures and fittings. The residents of X1 The Campus will also be provided with great communal facilities such as a private gymnasium, a cinema room and a large communal lounge for socialising and studying. In addition, all students will be able to make use of the secure on-site bicycle storage and selected units come with secure parking.

Location

Student residents of these penthouse studios could not ask to be closer to the University - X1 The Campus is situated within the Frederick Road Campus.
Salford itself is a city on the up, grasping the opportunities presented by the growth of the Northern Powerhouse and the massive investment in which has poured into the North West in recent years. Sites such as MediaCityUK have confirmed Salford as a hotspot for the new digital economy - something which has turned Salford into a thriving student hub. Young people from around the world see Salford as a place of opportunity and innovation.
Market activity
Average price paid £146,467 Sales 317 Current average value £151,825 (Zoopla Zed-Index) Value change £2,647 ▲ 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: £140,321
Avg. current asking prices in M6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £119,000
(2)
£121,558
(23)
£183,620
(24)
£237,273
(11)
£282,000
(5)
Flats £96,811
(11)
£110,362
(13)
£192,950
(1)
- -
All £100,225
(13)
£117,515
(36)
£183,993
(25)
£237,273
(11)
£282,000
(5)

Current asking rents in M6

Average: £948 pcm
Avg. current asking prices in M6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £441 pcm
(61)
£767 pcm
(19)
£991 pcm
(60)
£1,263 pcm
(50)
£1,689 pcm
(8)
Flats £416 pcm
(53)
£717 pcm
(8)
£756 pcm
(2)
- £2,925 pcm
(3)
All £430 pcm
(114)
£752 pcm
(27)
£983 pcm
(62)
£1,263 pcm
(50)
£2,026 pcm
(11)

Fun facts for M6

Highest value in M6
Highest value streets Zed-Index
Park Road £373,767
Lullington Road £366,798
Manor Road £309,843
Devonshire Road £285,821
Weylands Grove £285,377
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.
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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

£596 Monthly total

Mortgage

Purchase price
Deposit (10%) 10,999
Repayment term 25
Interest rate 1.5
Your payment £395 /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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