It is a great opportunity to invest student accommodation in Salford. This development has an amazing location right on the corner of the University of Salford Frederick Road Campus and consists of 271 studio student apartments across eight floors. All units, from the standard studios to the 11 stunning penthouse studios, are fully furnished to the highest standards and come with stylish, modern fixtures and fittings. There are over 3,000 international students from more than 100 countries currently studying at the University of Salford.
• On site letting and management company • Net yield 6%! • Only available for student (Tenant) • 2018 summer finish • £15k per parking • Lease: 999 years • The rental income will be paid to investors quarterly.
Bus Stop (1 min walk) Salford Crescent & Salford Central (12 mins walk) Tesco Extra (15mins walk) Manchester City Centre (20 mins walk) Motorway M602 (5 mins connect to all cities in the UK)
Payment plan: 1. £5000 Reservation fee 2. Solicitor prepares purchasing exchange contract and legal documents. 3. Reserve the unit for 21 days - 25% Exchange (minus £5000) 4. After 6 months - 25% second payment 5. Balance payment of 50 % on Completion (Scheduled Q3 2018)
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