£132,995
1 bed flat for saleFrederick Rd, Manchester M6
1 bed
1 bath
1 reception
- New home
Alesco Investment Properties
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About this property
Modern-style apartment
On-site residents’ gym and fitness facilities
Peaceful location just 5 minutes from University of Salford
Rooftop garden with city views and social spaces
Dedicated bike storage and repair area
Easy access to Manchester city centre and MediaCityUK
Designed for students, graduates and young professionals
X1 Frederick Street represents the next phase in one of Salford’s most successful residential regeneration clusters. Situated just a short walk from the University of Salford and with effortless connectivity into Manchester city centre, the development has been strategically designed to appeal to both students and young professionals. The project delivers high-specification, fully furnished studio apartments alongside premium amenities including a residents’ gym, landscaped roof garden, laundry facilities and dedicated bike storage.
The development benefits from the momentum generated by its neighbouring schemes, X1 The Campus and X1 Cheltenham Place, both of which have achieved full occupancy and demonstrated the enduring strength of demand in the area. With Manchester holding the highest graduate retention rate in the North of England, the resident profile is naturally sustained year after year, supporting both strong yield performance and minimal void periods. This positioning makes X1 Frederick Street a resilient long-term investment.
From an investor’s perspective, the scheme is structured to provide true hands-off convenience. The 7% net return is contractually guaranteed for 10 years, with no service charges or management fees, meaning income is predictable and cash flow is easy to forecast. Combined with Manchester’s ongoing multi-billion-pound regeneration and Salford’s rapidly expanding media and technology employment base, X1 Frederick Street stands as a strategic, future-proof opportunity in one of the UK’s strongest rental markets.
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