Studio for sale in 32 Frederick Road, Salford M6

Fully furnished studio apartment in X1 The Campus. Fully furnished studio with management company already in place making this an ideal readymade investment purchase. The building is close to the University and has great transport links into the city.

Currently achieving Rent - £996 per month Lease ends 14 August 2024
2024 Service charge approx amount for the year - £ 2379.16 (includes utility bills water, Wi-Fi and electricity)
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 - £350 per year
Review date 31.12.2025 / 5 year rpi & Billing Period - 01 Jan - 31 Dec

Property Ownership Information

Tenure

Leasehold

Council Tax Band

A

Annual Ground Rent

No ground rent

Ground Rent Review Period

No review period

Annual Service Charge

No service charge

Service Charge Review Period

No review period

Lease End Date

01/01/3020

Disclaimer For Virtual Viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.