Skip to content

Chapel Street, Salford, M3

Description

Student Investment Property In Manchester City Centre


This is an ensuite double bedroom within a 6 bedroom student cluster. This kitchen and lounge area is shared with other rooms in the sam,e cluster.

Rent achieved £148.00 per week per unit

STUDENT INVESTMENT OPPORTUNITY AVAILABLE! TENANT IN SIT UNTIL AT LEAST AUGUST 2022.

X1 Lettings are delighted to bring this fully furnished student investment property to the market with a long standing property management company in place to maximise rental income.

This student property is located within a 6 bedroom cluster flat and residents can enjoy access to a communal gardens, patio area and onsite gym.

Apartment 16 room E is fully furnished with a tenant in place for 12 months at £148 per week - £7,696 per annum.

-Student Double En-Suite Room
-Current rent £138 per week
-Ground Rent is £250 per annum
-Service Charge is £2,220.02
-Lettings Fees are 8% +VAT

Ensuite Bathroom

Projected rental growth forecast over the next 5 years: 16.5% (source - JLL)

With great travel links to both Salford Central and Victoria Station, X1 Chapel Street is the perfect development for students at the Manchester universities, lending itself as the perfect base for anyone looking for affordable luxury student accommodation.

Exciting plans for the redevelopment of Salford Crescent have been released and the current masterplan for development - designed by the English Cities Fund - incorporates the University of Salford, Peel Park and the Innovation Forum in Frederick Road and details the transformation of the area over the next 20 years.

The plans in the pipeline for the expansion of Salford Crescent - a £2.5billion major regeneration plan - include the building of it's own Metrolink station, the pedestrianisation of the A6 and the eventual removal of general traffic on parts of the route between Chapel Street and Broad Street.

Substantial regeneration has already taken place within Salford - including the expansion of MediaCityUK - which has placed Salford firmly on the map whilst ensuring it continues to attract global investment.

Development within Salford is continuing at pace and viewings of this property - which sits within the area of regeneration - are highly encouraged.

*Photos are of a dressed apartment of similar size and layout within X1 Chapel Street.
The above 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.

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
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Energy performance certificate - ask agent

Chapel Street, Salford, M3

Add your favourite places to see how long it takes you to get there.

__mins driving to your place

Check how much you can borrow
Get a Mortgage in Principle
You'll have a personalised result in just 20 minutes and you could get viewings faster when you find the home you want, with no impact on your credit score.Powered bynationwideThe Nationwide Logo represents a symbol of financial strength and community, empowering members to achieve their goals
Recently sold & under offer
See similar nearby properties

About X1 Sales & Lettings, Salford

9 Michigan Avenue, Salford, M50 2HA

Welcome to X1!

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, X1 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.

Buying a property doesn't need to be a stressful experience and we are confident that when you buy with X1, it won't be.

Buying with X1 means you will enjoy a relationship with one point of contact and your sales negotiator will help every step of the way; from initial viewing, submitting an offer and will remain with you as you continue through progression and to the point of completion.

Take a look at some of our latest properties and don't hesitate to get in touch for further information - we are looking forward to working with you every step of the way!

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£257
We think you can borrow up to
Add your household income above
Powered bynationwideThe Nationwide Logo represents a symbol of financial strength and community, empowering members to achieve their goals
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference SDS220045. 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 X1 Sales & Lettings, Salford. 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.

Map data ©OpenStreetMap contributors.