Studio for sale
Key information
Property description & features
- For Sale by Modern Auction – T & C’s apply
- Subject to Reserve Price
- Buyers fees apply
- The Modern Method of Auction
Investment Opportunity, Cash Buyers please.
Fully furnished studio apartment. On site gym and communal areas. Perfect for students or young professionals! Close to Salford University and great transport links into the city.
Fully furnished studio apartment For Sale . Close to Salford University and great transport links into the city.
Great Investment Opportunity ! Comes with a tenant in place until August 2024 and a management company also in place.
Modern studio apartment in X1 The Campus Block A 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
Rent achieved for current academic year - £177 per week.
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.
*Sample photos used of similar studio type*
Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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