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X1 Chapel Street, Salford, M3 5JZ

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Description

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 wifi and excellent communal facilities.

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

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

Key Features

  • Launderette
  • Sky TV
  • Gymnasium
  • Great Location
  • Regular Social Events
  • Award Winning Management

Financial Breakdown

Guaranteed Rental of £4,396 after service charge and management fee p/a until August 2019

6.5% NET Return*

*Please note these figures are an estimate as provided by the vendor and Management Company.

This investment is suitable for cash buyers and is let and managed by a professional letting company on the investor’s behalf.

Please note there are only two units currently available at X1 Chapel Street and guaranteed to sell soon - so enquire today and make sure you don’t miss out on this fantastic opportunity.

Occupancy

X1 Chapel Street is currently 100% occupied and is already fully booked for September 2017 (academic year 2017 - 18) which is a fantastic indicator of how popular X1’s Manchester student accommodation is!

Specification

Number of units available:

1

Payment Plan:

Property Price: £68,000
On Reservation: £2,500 (this is fully refundable should the sale not complete)
Balance on Completion: £65,500

Region:

Manchester

Build Status:

Tenanted

X1 Chapel Street floor plan
 
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