Great Investment Opportunity, tenanted studio apartment in salford with management company and EWS1 in place!
\rModern studio apartment in X1 The Campus Block B for sale. Close to Salford University and great transport links into the city.
This apartment has a tenant in place so the buyer can look to recive immediate income on this investment.
Quick Financials:
2024 Service charge amount for the year - £2,217.32
Rent achieved £177 per week on average for a standard studio.
Lettings Management fee 9% + VAT
Council Tax Band A (students are exempt and working professionals would be required to pay their own council tax)
Lease length is 999 years - commenced 2018
Ground rent - £454.70 per year
Review date 01/2029 / 5 year RPI & Billing Period - 01 Jan - 31 Dec
X1 The Campus provides an array of amenities including an onsite gymnasium complimentary to all tenants, large communal space and bike store. On site security is provided 7pm-7am 7 days a week along with CCTV and emergency maintenance call outs.
Call us today for more information or to arrange a viewing or a virtual tour.