Studio for sale in Cheltenham Street, Manchester M6
Pure Investor are delighted to present X1 Cheltenham Place, a luxury new development ideally located in the growing economy of Salford, Manchester. This spacious studio apartment is designed to cater for the growing demand for rental accommodation from both students and young professionals within the central Manchester and Salford Quays areas.
X1 Cheltenham Place - Manchester City Centre
This stunning new development is being constructed only a short distance from the highly successful X1 The Campus which is currently benefiting from 100% occupancy across the 271 boutique style studios. Due to strong rental demand X1 have managed to secure this excellent plot that will give investors a fantastic opportunity to enjoy a market leading yield of 7% net for 5 years with a rental assurance on offer.
• 353 Luxury Studios
• High Rental Demand
• Target Rentals: Students or Working Professionals
• Fully Equipped Gymnasium
• Laundry Facilities
• Zero Ground Rent
• 999 Year Lease from 2024
• Roof Garden Seating Area
• Lettings offered by award winning X1 Lettings
• 7% Net Return for the first 5 years (rental assurance)
• Luxury Furniture Pack £2995
• Overnight Security
• 10 Year Building Warranty
Working professionals and students will be able to enjoy a state-of-the art gymnasium featuring a modern fitness studio and a picturesque communal roof garden.
The facilities on offer are fantastic but the location of the development gives residents easy access to an array of hotpots including Manchester City Centre, The Trafford Centre, Peel Park, as well as University of Manchester, University of Salford, and Manchester Met University making this development ideal for students and working professionals.
In addition to this, the development benefits from excellent transport links allowing residents easy access across the City and links to the major train stations across the UK and Manchester airport giving connectivity across the globe.
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