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X1 Chapel Street

Manchester, United Kingdom

Investment Type: STUDENT

Est. Completion: COMPLETED

  • Earn 9.0% NET yields
  • 7 minutes walk to university
  • Over 100,000 students in Manchester
  • Manchester city centre location
Purchase Process

Investment Breakdown

  • Unit 305 - Now rebooked until August 2025
  • Tenancy - 48 weeks x £177 per week = £8,496.00 per year
  • Annual lettings fee = 9% plus VAT (£917.57)
  • Service charge = £3,700.68 per annum
  • Ground rent = £250.00 
  • Net Rental Income = £3,627.75
  • High Net Rental Yield = 9.0% 

X1 Chapel Street - Overview

Pure Investor are pleased to offer for sale a selection of en-suite student apartments in X1 Chapel Street, a popular new development ideally located in Manchester.

The Chapel Street area of Manchester has fantastic links to the University of Salford, Manchester Metropolitan University and The University of Manchester. Deansgate can also be walked to within 7 minutes.

The en-suites comes fully furnished to a very high standard, and also has great views across the City. There is an onsite site gym, laundry, secure bike storage and 24 hour security.

X1 Chapel Street provides superb student accommodation whilst situated at the heart of the city’s historic quarter and adjacent to the main university campuses. This exceptional development includes 90 double, en-suite flats and 3 double studio flats.

Payment Process

  • Complete a reservation from to secure the unit
  • Pay a £2,000 non-refundable reservation fee
  • Solicitors instructed
  • Balance due on completion (less reservation fee paid)

X1 Chapel Street - Key Points

Location

Location

Manchester, United Kingdom

Price

Price

N/A

Tenure

Tenure

Leasehold

Completion

Completion

Completed

Rental Yield

Rental Yield

Estimated net yields of 9.0%

Video - X1 Chapel Street

Development Availability

Sorry, we don't have any availability in this development at the moment. Please contact our team for more details.


X1 Chapel Street - Construction Updates

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Looking to Sell

Looking to sell your tenanted buy to let property?

Are you considering selling your property with sitting tenants?

Concerned about losing rental income, or paying expensive utility bills for 4-5 months whilst you sell? We specialise in selling properties with tenants in situ, often saving the landlord thousands of pounds in lost rental income.

  • Specialists in selling tenanted properties in the UK.
  • Database of over 30,000 experienced property investors, actively seeking tenanted properties to add to their portfolio.
  • Experienced in working with tenants and lettings agents to ensure smooth transition and good communication throughout.
  • Generate rental income right up to completion of sale and avoid expensive void periods during sales and legal process.

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X1 Chapel Street - Location

X1 Chapel Street will also offer residents easy access to Manchester city centre and the superb new development at MediaCity, Salford (northern headquarters of the BBC and ITV as well as numerous other international media companies). MediaCityUK has recently enjoyed the prestige attached to its reputation as the biggest purpose-built media hub in Europe, and has boosted tourism in the area as a result.

The University of Salford enjoys global renown for both the quality of the education provided and the research undertaken by its staff. The University is particularly well known for its work in engineering and advanced technology. Media and communication are also strong areas, with both going from strength to strength as a result of the University’s brand-new media campus in the heart of MediaCityUK.

  • A 20 year, multi-million-pound plan to redevelop the University’s campus environment and contribute to the regeneration of the local area is currently underway.
  • Salford is already a popular destination for students from home and abroad and will become even more so in the future.
  • The University boasts a student population of almost 19,000, of which over 17,500 are not currently housed by the university – 93.04%.

Need some help? Request a FREE call back today.

Whether you're a seasoned investor or considering your first property investment, our experienced team are here to help. Arrange a FREE call back from one of our team!

Free Call Back

Call our team today on +44 (0) 161 337 3890

Why Invest

Why Invest in Manchester

In recent years Manchester and Salford have undergone significant regeneration programmes which have led to a thriving economy and rental market.

Manchester itself is a buy-to-let hotspot with international recognition as huge numbers of young people flock to the city, pushing up property prices and increasing demand for luxury apartments.

Manchester has great rail connections, with three major train stations in the city centre and London being just two hours away. The new High-Speed Railway, HS2, will ensure great connections to the capital and halve the journey time.

  • Between January and March 2015, 1,393 new companies launched in Salford (an 85% increase on the previous year)
  • 140,000 people currently work in the City centre
  • There will be 55,000 new jobs created in the city by 2025
  • Sold prices in Salford have increased by 19% over the last year
  • £1.5 billion is being invested into developing Greater Manchester’s rapid transit network

Other Popular Developments

Why Choose Pure Investor

Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 660 8261.

We look forward to hearing from you!

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