Studio flat · M6 6HY
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
X1 The Campus – Apartment BG04 Asking Price: £65,000 X1 The Campus comprises a range of purpose-built studios, ideally suited to students studying at the nearby University of Salford.
The development benefits from strong rental demand , with the building fully occupied well into summer 2027 .
Apartment BG04 is currently tenanted, providing an opportunity for investors to acquire a property with immediate rental income .
The apartment is sold fully furnished, with furnishings including: Double bed and mattress Bedside table Wardrobe Desk TV Sofa Fridge/freezer Kettle Microwave Toaster Residents also benefit from a range of onsite facilities, including a gym, communal laundry facilities, communal lounge, postal room and lift access .
The development is conveniently located close to the University of Salford , with excellent transport links providing easy access to Manchester city centre and the surrounding areas. Cash buyers only.
Please note that Airbnb and short-term rentals are not permitted under the terms of the head lease.
Key Property Information Asking Price: £65,000 Current Rent: £177 per week Current Tenancy: Tenanted Service Charge (2026): £2,694.16 per annum Ground Rent: £454.70 per annum Lettings Management Fee: 9% + VAT Council Tax: Band A Students are exempt from council tax.
Working professionals would be responsible for their own council tax.
Lease: 999 years from 2018 Ground Rent Review: January 2029 Review Basis: 5-year RPI Billing Period: 1 January – 31 December Tenure: Leasehold Rental Restrictions: No Airbnb or short-term lets Viewings are highly recommended and can be arranged by contacting our team.
Images are for illustrative purposes only and may show a similar apartment within the development. Images may not reflect the exact apartment being offered for sale.
Please contact us if you would like confirmation as to whether the images shown are of the actual apartment.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 30 Frederick Road, Salford, M6
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