Studio for sale in M6, 0 Bedroom

This premium student studio apartment comes fully furnished to the highest specification and includes; a double bed, bedside table, wardrobe, a study area with desk, a sofa, dining table and chairs, a fitted kitchen with appliances and finally, a flat screen TV. X1 The Campus also provides residents with luxury communal facilities including a resident's only gym, a communal lounge and cinema room, bicycle storage, a laundry room, free Wi-Fi, overnight security and a secure entry system. With so much to offer, it is no surprise that X1 The Campus is so popular amongst students at the University of Salford!

X1 The Campus couldn't be in a more ideal location, being just around the corner from the University of Salford's Frederick Road campus and other University of Salford buildings being within a five minute walk. X1 The Campus is within walking distance of local pubs and bars as well as a variety of great transport links, such as the Salford Crescent Train Station and buses which link students to both Salford and Manchester city centres. Students also 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.

Salford is an excellent place to invest right now with roughly 19,000 students enrolled at the University of Salford, a figure that is on the rise year on year. More than 90% of these students cannot be housed by the university and instead require private rental accommodation meaning that high quality apartments such as the ones in X1 The Campus are snapped up extremely quickly.

Financial Breakdown

Gross rent: £8,802
Ground rent: £350
Service charge: £1,613
Lettings fees: £845
Net income: £5,994
Gross yield: 9.78%
Net yield: 6.66%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-13415