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Studio for sale

£89,999

Frederick Road, Salford, Manchester M6

1
Interested in this property? Call +44 121 721 9385 * or Request Details

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Property features

  • Expected Completion Date August 2019
  • Student accommodation within the University of Salford campus
  • Estimated annual net rental return of 6%
  • Built by experienced developer X1
  • On-site gymnasium
  • Let and managed by the award-winning X1 Lettings

Property description

Attention investors - X1 The Campus occupies an amazing location right on the corner of the University of Salford Frederick Road Campus and consists of 347 studio student apartments across ten floors. All apartments, from the standard studios to the stunning penthouse studios, are furnished to the highest standards and come with stylish modern fixtures and fittings. Student residents will benefit from a wide variety of on-site amenities such as a state-of-the-art private gymnasium, a cinema room and large communal lounges for socialising and studying. X1 The Campus also provides more practical amenities for the benefit of the students including a management office, a laundry room, secure bicycle storage and secure underground parking on selected units. X1 The Campus 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. Students will have access to local green spaces such as Peel Park where they can escape from busy university life, whilst also being well placed to enjoy all the benefits of modern urban living in one of the uk's most exciting cities.

** Please note all images are CGI & do not directly relate to any one particular apartment within the scheme.
Market activity
Average price paid £156,134 Sales 328 Current average value £151,529 (Zoopla Zed-Index) Value change £2,818 ▲ 1.90%

Property value data/graphs for M6

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £291,944 £183 3.5 £276,466
Semi-detached £185,638 £184 3.2 £186,365
Terraced £120,918 £139 2.6 £131,202
Flats £127,371 £156 1.8 £112,324

Current asking prices in M6

Average: £182,204
Avg. current asking prices in M6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £121,000
(3)
£141,845
(14)
£176,402
(46)
£226,111
(18)
£307,250
(12)
Flats £93,389
(10)
£101,562
(8)
£192,950
(2)
- -
All £99,761
(13)
£127,197
(22)
£177,091
(48)
£226,111
(18)
£307,250
(12)

Current asking rents in M6

Average: £827 pcm
Avg. current asking prices in M6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £444 pcm
(60)
£784 pcm
(13)
£900 pcm
(32)
£1,169 pcm
(32)
£1,811 pcm
(9)
Flats £442 pcm
(62)
£664 pcm
(13)
£724 pcm
(1)
- £2,925 pcm
(1)
All £443 pcm
(122)
£724 pcm
(26)
£895 pcm
(33)
£1,169 pcm
(32)
£1,923 pcm
(10)

Fun facts for M6

Highest value in M6
Highest value streets Zed-Index
Park Road £379,784
Lullington Road £370,146
Manor Road £318,635
Devonshire Road £289,823
Chaplin Close £279,025
Highest turnover in M6
Highest turnover streets Turnover
Jubilee Street 50.0%
Daisy Street 42.9%
Ash Street 42.3%
Rudyard Road 42.1%
Peacock Avenue 41.9%

What Zoopla users think of Salford

Overall rating:

  • currently 3.5 stars
Good - 72% (403 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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For more information about this property, please contact
York Laurent, B5 on +44 121 721 9385 * (local rate)

Monthly running costs Beta

£508 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.

Energy

Gas £20 Electricity £26 Estimated energy cost £46/mo

Similar properties could save up to £166

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 York Laurent, and do not constitute property particulars. Please contact York Laurent 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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