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Tenanted unit available at X1 The Campus

Pure Investor are delighted to offer you studio B312 within X1 The Campus Block B

Katie Thompson | 10th September 2021

X1 Campus is located less than 3 minutes' walk to the main campus of the University of Salford, the X1 The Campus development is a stunning new development of 347 fully furnished studios comprising of 79 studios in phase 3. Location is key to the appeal of X1 The Campus, and its location next door to the university campus looks set to see high demand from the universities 21,000 full time students. The Campus is set to be a fresh of breath air for students in Salford, offering a wide array of communal features including a gymnasium, quiet study area, on site cinema, laundry room, management office, cycle storage, rooftop terrace and underground secure car parking.

Investment Highlights
* Generating yields of up to 8% NET per annum
* Purchase price of £85,000
* Tenanted studios available
* Perfectly located for students
* New build with modern furnishing
* EWS1 certificate available
* Experienced and well known management company in place
* 999 year leasehold

Local Amenities
* 5 minutes from Salford University
* 74 meters from the Bus Station
* 0.3 miles from the Rail Link
* 0.5 miles from the Supermarket

Unit B312 - £85,000 - Block B
Tenanted until September 2022 at £196 per week
Gross Rental - £9,408
Service Charge - £1,512
Management Fee - 8% + VAT
Ground Rent - £350
NET Rental - £6,793
NET Yield - 8%

Payment Process
1. Complete a reservation from to secure the unit and provide the requested AML documents
2. Pay a £2,000 non-refundable reservation fee
3. Solicitors instructed
4. Balance due on completion (less reservation fee paid)

 

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Pure Investor - Property Investment