Studio flat · M6 6LE
Sold STCListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
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, literally being just around the corner from the University of Salford's Frederick Road campus, whilst Manchester city centre and MediaCityUK are also not too far away.
X1 The Campus is within walking distance of local pubs and bars as well as a variety of great transport links, such as 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.
This property won't be on the market for very long, enquire today to avoid disappointment!
Financial Breakdown Gross Rent: £10,250.00 Net income: £5,450.24 Gross yield: 17.08% Net yield: 9.08% Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-08278
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About The Campus Block C, 32 Frederick Road, M6 6LE
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