Chapel Street, Salford, Manchester, M3
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Description
X1 Chapel Street are double bed with ensuite bathroom. Apartments share a kitchen and living space which is fully furnished
There is an onsite gym for private residents use. The building also offers an on-site laundry service and secure bike storage. Security work in the building overnight 7 days a week.
Student investment opportunity, not suitable for owner occupiers / live in landlords. Cash purchase only. Property is tenanted and has a management company in place so it would be a perfect ready to go investment!
Ground rent £250 (DOV in place)
2023 - service charge - £3795.13
Rent achieved - £143 per week usually occupied 48 weeks per year
X1 Lettings management fee 9% + VAT
Lease length - 999 years from 01.09.2014
council tax - N/A (purpose build student accommodation)
EPC Rated- B
Our student accommodation here at Chapel Street couldn’t be more perfectly positioned, with great travel links to both Salford Central and Victoria station. It’s the perfect base whether you’re studying at Manchester Metropolitan University, The University of Salford or The University of Manchester.
All of our rooms come fully furnished and comprise of a double bed, wardrobe, drawers, desk and chair along with LCD TV in every room. Each cluster flat is shared between 4, 5 and 6 people; with each bedroom coming with a separate end-suite wet room.
Only the living and kitchen areas are communal within each cluster.
You’ll also find an on-site gym available for all tenants to use 24 hours a day, along with an on-site laundry room which has recently been upgraded – meaning you can check on the status of your wash from the comfort of your own room. There is a communal courtyard, so when Manchester does receive some sun there’s some outdoor space for you to enjoy.
All utility bills are included in the service charge.
Chapel Street benefits from a secure fob system with security on site 7 days a week. We also have a bike store room on site in which tenants have access to 24 hours a day,
Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
£0 per year
ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
£0
LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
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Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: TBC
Chapel Street, Salford, Manchester, M3
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Salford Central Station0.3 miles
- Salford Crescent Station0.6 miles
- Manchester Deansgate-Castlefield Tram Stop0.7 miles
About the agent
X1 Sales & Lettings, Salford
9 Michigan Avenue, Salford, M50 2HA
Whether you're looking to purchase your first buy-to-let property, build on your existing portfolio, buying for capital appreciation, or simply find your next home, we have properties for sale to suit a wide range of needs. We are proud of the properties that we bring to market and our teams' in-depth knowledge of the local areas helps us to share a breadth of information to help you whatever your investment strategy may be.
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