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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom

Listing view statistics

Last 30 days: 655 page views

Since listed: 2799 page views

Description

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.

Financial Breakdown

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.

Yieldit ref: Yl-12865

Map & Nearby

Local Amenities

  • Salford Central 0.3 miles
  • Salford Crescent 0.6 miles
  • St Philip's CofE Primary School 0.1 miles
  • The Cathedral School of St Peter and St John RC Primary 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Salford Central 0.3 miles
  • Salford Crescent 0.6 miles
  • St Philip's CofE Primary School 0.1 miles
  • The Cathedral School of St Peter and St John RC Primary 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in M3:

  • £210,108
  • Price decrease

  • -£210
  • (-0.100%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £215,058
  • Properties sold

    132

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in M3 is currently:

£1,005 pcm

Recent sales nearby

See all recent sales in M3
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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How much could I borrow?

In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Developer

Price history

Sold prices provided by Land Registry
16th Dec 2019 £55,000 Price reduced by £5,000
7th Aug 2019 £60,000 Price reduced by £5,000
22nd Oct 2018 £65,000 First listed

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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.