Studio for sale in Cheltenham Street, Manchester M6
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Property features
- Swimming pool
- 7% net assured for 10 years
- Construction underway
- Hands free, fully managed development
- Experienced student management company in place
- Free furniture pack included
Property description
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 10 years with a rental assurance on offer.
Investment Highlights
• 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 Top 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 top 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.
For more information about this property, please contact
Pure, M34 on +44 161 937 0434 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Pure, and do not constitute property particulars. Please contact Pure for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.