We are pleased to present this fabulous investment opportunity, offering a student en-suite pod in the sought-after development X1 Chapel Street in Salford.
The student pod features a well sized double room designed and furnished to the highest specification with an en-suite and views of the city. The building X1 Chapel Street is in high demand with students as it features great facilities such as a private onsite gym for residents and onsite laundry services. In addition, the building offers a secure entry system, onsite security 7 days awake and secure bike storage.
X1 Chapel Street is located in the revitalised Chapel Street area of Manchester has great links to the University of Salford, Manchester Metropolitan University and The University of Manchester.
The city also has 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 Manchester alone. With the student population in the city so high, equally is the demand for student accommodation developments such as X1 Chapel Street. Boasting 100% occupancy for 2018/2019 it makes for a great investment opportunity offering even better returns.
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
Assured rent: £6,960 Ground rent: Included* Service charge: Included* Lettings fees: Included Assured income: £4,208 Assured until: Aug 2020 Assured yield: 7.94%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period. 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 must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Property descriptions and related information displayed on this page are marketing materials provided by Yieldit. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Yieldit for full details and further information.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.