Studio apartment

X1 Chapel Street, 272-280 Chapel Street, Salford, M3 6FA

Size: 12.2 sqm

Purchase price

£45,000

Size: 12.2 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £8,064
Ground rent £250
Service charge £2,091
Lettings fees £774
Net income £4,949
Gross yield 17.92%
Net yield 11.00%

AMAZING INVESTMENT OPPORTUNITY WITH AN 11% NET YIELD TENANTED FOR 20/21 ACADEMIC TERM! Student accommodation in one of the UK's biggest university cities!!


This double room, which comes complete with an en-suite, is situated on the 4th floor of this development and is offered fully furnished to the highest specification and has stunning views of the city. This room boasts a double bed, en-suite bathroom, work station, free Wi-Fi and ample storage space. Residents have access to X1 Chapel Street’s wide range of luxury communal facilities including large integrated fitted kitchens, a fully equipped gymnasium, laundry facilities and bicycle storage, alongside 24hr CCTV in communal areas and on-site security.

X1 Chapel Street is located in the revitalised Chapel Street area of Manchester and has great links to the University of Salford, Manchester Metropolitan University and The University of Manchester. Students living in X1 Chapel Street reap the benefits of Chapel Street’s mass regeneration project, as both of the railway stations located near to the site have experienced major investment in their entrances and facilities, allowing for ease of movement within the city of Manchester and easy access to its impressive range of theatres, museums and shopping venues.

Manchester is home to the UK and Europe’s largest university campus and is home to over 85,000 domestic and international students, with the student population making up close to 14% of the city. With the student population so high, equally is the demand for student accommodation developments such as X1 Chapel Street. Boasting 100% occupancy for 2018/2019 it makes for a great investment opportunity offering even better returns.

**Please note that these images may not be a representative of the apartment on sale**

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

Double room studio

Key features

Fully furnished

Key features

Fourth floor

Key features

Onsite gymnasium

Key features

Excellent location

Key features

Great transport links

Key features

Shops, bars and amenities nearby

AMAZING INVESTMENT OPPORTUNITY WITH AN 11% NET YIELD TENANTED FOR 20/21 ACADEMIC TERM! Student accommodation in one of the UK's biggest university cities!! More info...

This double room, which comes complete with an en-suite, is situated on the 4th floor of this development and is offered fully furnished to the highest specification and has stunning views of the city. This room boasts a double bed, en-suite bathroom, work station, free Wi-Fi and ample storage space. Residents have access to X1 Chapel Street’s wide range of luxury communal facilities including large integrated fitted kitchens, a fully equipped gymnasium, laundry facilities and bicycle storage, alongside 24hr CCTV in communal areas and on-site security.

X1 Chapel Street is located in the revitalised Chapel Street area of Manchester and has great links to the University of Salford, Manchester Metropolitan University and The University of Manchester. Students living in X1 Chapel Street reap the benefits of Chapel Street’s mass regeneration project, as both of the railway stations located near to the site have experienced major investment in their entrances and facilities, allowing for ease of movement within the city of Manchester and easy access to its impressive range of theatres, museums and shopping venues.

Manchester is home to the UK and Europe’s largest university campus and is home to over 85,000 domestic and international students, with the student population making up close to 14% of the city. With the student population so high, equally is the demand for student accommodation developments such as X1 Chapel Street. Boasting 100% occupancy for 2018/2019 it makes for a great investment opportunity offering even better returns.

**Please note that these images may not be a representative of the apartment on sale**

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Double room studio
    Tick Desktop Fully furnished
    Tick Desktop Fourth floor
    Tick Desktop Onsite gymnasium
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Tick Desktop Shops, bars and amenities nearby
  • 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 £8,064
Ground rent £250
Service charge £2,091
Lettings fees £774
Net income £4,949
Gross yield 17.92%
Net yield 11.00%

*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.