Buy to Let Manchester X1 Chapel St
X1 Chapel St Buy to Let Manchester
X1 Chapel St Buy to Let Manchester
X1 Chapel St Buy to Let Manchester
X1 Chapel St Buy to Let Manchester
X1 Chapel St Buy to Let Manchester
X1 Chapel St Buy to Let Manchester

X1 Chapel Street, Salford, Manchester, M3 5JZ

Manchester has the UK and Europe's largest education and university campus' and is home to over 85,000 domestic and international students.  The student population alone makes up to 14% of the total population of Manchester.  Due to this, the demand for good quality student accommodation in the city is high. Boasting 100% occupancy for 2018/2019, X1 makes for a great investment for any investor looking for high returns and taking advantage of this investment type.  

What is Available?

1 x Student Studio apartments with shared kitchens in X1 Chapel Street, Manchester. This area has fantastic links to the University of Salford, Manchester Metropolitan University and The University of Manchester. The studios all come fully furnished to a very high standard, and also have great views across the city. There is an onsite gym, laundry, secure bike storage and 24-hour security. The development was completed around 2013 and has enjoyed a full occupancy level since then.

Re-Sale Highlights

  • Development Completion Date: 2013
  • Residential, Student, Mixed Use: Student
  • Rental Occupancy History: Fully Let
  • Tenancy Ends: August 2021
  • Rental Amount: £142 per week, x 48 weeks for academic year 2020-2021
  • Apartment Details: Ground Floor 
  • Apartment Type: Double En-Suite Rooms
  • Rental Guarantee: None
  • Lease: 999 years from 2013 
  • Ground Rent: £250 per annum 
  • Service Charge: £1924 per annum 
  • Lettings Fees: 8% +VAT

View more of our resale property investments here. 

*Annual Rental income can vary, please speak to your consultant about the potential of the unit you are interested in, Residential Estates would also suggest you carry out your own due diligence in the local market at the time of purchase.

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Key Features

Fully Furnished
Student Accommodation
Fully Occupied Since 2013
Close to 3 x Universities
High Demand
Strong Net Yields
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