Studio apartment

X1 Chapel Street, Chapel Street, Salford, M3 5EP

Size: 12.1 sqm

Purchase price

£56,000

Size: 12.1 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,480
Ground rent £250
Service charge £1,887
Lettings fees £622
Net income £3,721
Gross yield 11.57%
Net yield 6.64%

**CASH ONLY** Fantastic student accommodation at X1 Chapel Street. Professionally managed and fully let by X1 Lettings. Walking distance to Salford University and the city centre.


Complete with an on-site gym for private resident use, the four storey complex at Chapel Street comprises of 109 double en-suite rooms, free Wi-Fi and excellent communal facilities.

The award-winning X1 Lettings currently let and manage development, removing the complications which come with managing a property yourself.

Close to Universities and great transport links. Manchester City Centre just a short distance away. This apartment is currently tenanted for immediate income.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. Images used for indicative purposes.

Interested in this property? Enquire today for more information

Key features

Key features

Currently tenanted for immediate income

Key features

City centre location in a student hotspot

Key features

Close to university

Key features

Gymnasium

Key features

Laundry room

Key features

SKY TV

Key features

WiFi

Key features

Let and managed by the award-winning X1 Lettings

**CASH ONLY** Fantastic student accommodation at X1 Chapel Street. Professionally managed and fully let by X1 Lettings. Walking distance to Salford University and the city centre. More info...

Complete with an on-site gym for private resident use, the four storey complex at Chapel Street comprises of 109 double en-suite rooms, free Wi-Fi and excellent communal facilities.

The award-winning X1 Lettings currently let and manage development, removing the complications which come with managing a property yourself.

Close to Universities and great transport links. Manchester City Centre just a short distance away. This apartment is currently tenanted for immediate income.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. Images used for indicative purposes.

  • Key features
    Tick Desktop Currently tenanted for immediate income
    Tick Desktop City centre location in a student hotspot
    Tick Desktop Close to university
    Tick Desktop Gymnasium
    Tick Desktop Laundry room
    Tick Desktop SKY TV
    Tick Desktop WiFi
    Tick Desktop Let and managed by the award-winning X1 Lettings
  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £6,480
Ground rent £250
Service charge £1,887
Lettings fees £622
Net income £3,721
Gross yield 11.57%
Net yield 6.64%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.