About this property
Brought onto the market by X1 Sales & Lettings. A third floor investment studio situated on the third floor of Block B, The Campus.
Photos of sample unit. Contact us to arrange in person viewing (subject to tenant access)
This property is currently tenanted, offering investors monthly gross income of £922.14. Tenant in situ until August 2026.
Ideal for cash buyers, this hassle-free investment opportunity benefits from professional onsite management and modern tenant amenities, including:
Onsite study room
Fully equipped resident gym
well-maintained communal areas
Financial Overview:
Service Charge: £2,746.97 p.a – Service charge – payable quarterly – includes water , wifi and electricty as unit is rented to the tenant on bills included basis.
Ground Rent: £454.70 p.a. (Reviewed every 5 years, next due 01/2029, RPI linked)
Lettings Management Fees: 9% + VAT
Council Tax Band: A
Lease: 999 years from 01/01/2018 (less 3 days)
EPC Rating: B
Located within close proximity to university campuses and key transport links, X1 The Campus is a prime location for student and young professional tenants.
Viewings are highly recommended – contact our team today to arrange an appointment or request further information.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the “Reservation Period”). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
