1 bedroom flat for sale
Chapel Street, Salford, Salford, Salford, M3
- PROPERTY TYPE
Flat
- BEDROOMS
1
- SIZE
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Key features
- Ready made investment
- Secured tenant long term
Description
Student Accommodation Investment | Fully Managed | Tenant in Situ
X1 Chapel Street – Investment Studio/Cluster Bedroom (Unit 402)
Student Accommodation Investment | Fully Managed | Tenant in Situ
Unit 402 – Double En-Suite Bedroom in a 6-Bed Cluster Flat
4th Floor | Fully Furnished | Secure Tenant
Investment Details
This listing is for one en-suite bedroom within a six-bedroom cluster apartment, situated in the highly sought-after X1 Chapel Street development. The property is currently let to a tenant on a fixed-term tenancy until 03/08/2026.
Current rental income:
£2,400 payable x3 per year in line with student loans dates - =£7,200 gross rent income for the year
Lettings fee: 9% + VAT
Gross Yield = 22.5%
Net Yield = 4.29% (after costs)
Annual Costs
1. Lettings fee (9% + VAT)
9% of £7,200 = £648
VAT at 20% on £648 = £129.60
Total lettings fee = £777.60
2. Service charge
£4,800 per annum
3. Ground rent
£250 per annum
Property Features (Bedroom & Cluster)
Double bed
En-suite bathroom (shower, WC, basin)
Private study area with desk and chair
Fully furnished and ready to let
Shared kitchen within the cluster
Shared laundry facilities (washer/dryer)
On-site gym
CCTV & secure access
Restrictions
Not suitable for Airbnb or short-term lets
No pets (lease restriction)
Location Benefits
Prime location with excellent transport links across Liverpool
Close to all major universities
Ideal for student tenants seeking modern, premium accommodation
Summary
A turnkey, hands-off investment opportunity with a secure tenant in place and full management already established. Perfect for cash buyers seeking strong, stable rental returns.
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- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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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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Energy performance certificate - ask agent
Chapel Street, Salford, Salford, Salford, M3
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Visit our security centre to find out moreDisclaimer - Property reference SAL260006. 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.
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