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Chapel Street, Salford, M3

Key features

  • For Sale by Modern Auction – T & C’s apply
  • Subject to Reserve Price
  • Buyers fees apply
  • The Modern Method of Auction

Description

Unit 125 / Apartment 10E Chapel Street.
Balcony room
First floor property
6 bed cluster flat

Student BTL Investment Opportunity – Cash Buyers Only
Not suitable for owner-occupiers or live-in landlords.

This tenanted property is managed by a professional lettings company, making it an ideal turnkey investment with income from day one.

Current Rent Achieved: £676.00 per month
(Typically rented on a 48-week / 11-month basis)
Lettings Management Fees: 9% + VAT
Lease Length: 999 years from 01/09/2014
Council Tax: Exempt (Purpose-built student accommodation)
Tenure: Leasehold
Purchase Type: Cash only

Pending Service Charge & Ground Rent Information
Please refer to the legal pack on the iamsold website for full details.

Why Invest at Chapel Street?
Our student accommodation at Chapel Street is ideally located with excellent travel links to Salford Central and Manchester Victoria stations. It’s perfectly placed for students at:

University of Salford

University of Manchester

Manchester Metropolitan University

Property Features:
Fully furnished en-suite bedrooms in cluster flats (shared between 4–6 tenants)

Double bed, wardrobe, drawers, desk, chair, and LCD TV in every room

Shared living/kitchen areas within each cluster

24-hour access to an on-site gym

Upgraded laundry room with remote status monitoring

Outdoor communal courtyard

All utility bills included in service charge (excluding TV licence)

Secure fob entry, on-site security 7 days a week

24-hour access bike storage

This is a fantastic opportunity for investors seeking a low-maintenance, income-generating asset in the heart of Greater Manchester’s student market.

For more information or to arrange a viewing, contact us today.

Let me know if you'd like a shorter or more casual version, or if you plan to list it on a specific platform so I can tailor it further.


This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

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.
Ask agent
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

Chapel Street, Salford, M3

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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!

Our offices are open

Monday - Friday 09:30 to 5pm.

We are not open evenings or weekends.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£47
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference SAL230062. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call X1 Sales & Lettings, Salford on 0151 453 8069.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*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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