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SOLD STC

Chapel Street, Salford M3 5JZ

Key features

  • Earn instant income
  • Student accommodation
  • Fully furnished
  • Excellent location
  • Onsite gymnasium
  • Great transport links
  • Superb investment opportunity

Description

This double room, which comes complete with an en-suite, is situated on the 1st floor of this development and is offered fully furnished to the highest specification. 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.

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

Financial Breakdown

Gross Rent: £7,497.00
Net income: £2,993.00
Gross yield: 22.05%
Net yield: 8.8%
Please contact agent for full financial breakdown.

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.

yieldit ref: YL-05997
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Chapel Street, Salford M3 5JZ

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
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About the agent

yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

yieldit, Manchester

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen

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Disclaimer - Property reference YL-05997. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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