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X1 Cheltenham Place

Manchester, United Kingdom

Investment Type: BUY-TO-LET

Est. Completion: Q4 2024

Studio Apartment

£119,995.00

  • Invest From Just £119,995
  • 7% NET Returns For The First 5 years
  • Zero Ground Rent
  • Located Just Outside Manchester City Centre
  • Award Winning Management Company
  • Estimated Completion: Q4 2024
Purchase Process

Investment Highlights

  • 353 luxury studio apartments near the heart of Manchester.
  • State-of-the-art gymnasium and fitness studio.
  • 7% NET returns for the first 5 years.
  • Picturesque roof garden accessible by residents.
  • Ideally located just outside Manchester City Centre.
  • Managed by the award winning developer X1.
  • Situated near the hugely successful X1 Campus development.

Investment Breakdown

  • Leasehold: 999 years
  • Service Charge: £2 per sqft per annum
  • Zero Ground Rent
  • Estimated Completion: Q4 2024

Market Key Facts

  • Projected sales price growth in Manchester over the next 5 years: 17.1% (Source - JLL)
  • Projected rental growth forecast over the next 5 years: 16.5% (source – JLL) 
  • Average net yield in Manchester: 4.25%
  • Average sales price in Manchester (2 bedroom flat): £257,000

X1 Cheltenham Place - Overview

Pure Investor are delighted to present X1 Cheltenham Place, a luxury new development ideally located in the growing economy of Salford, Manchester.

This stunning new development is being built just across the road from the massively successful X1 The Campus development which is currently benefiting from 100% occupancy. Residents will be able to enjoy a state-of-the art gymnasium and modern fitness studio and a picturesque communal roof garden, both of which will be located within the development.

There is a wealth of amenities that can be found within a 30 minute walk from the development's location including The Trafford Centre, Peel Park, as well as University of Manchester, University of Salford, and Manchester Met University making this development ideal for students studying in the city.

In addition to this, the development benefits from excellent transport links allowing residents to easily access both Manchester and the rest of UK.

Purchase Process

  • Reserve your unit with a signed reservation form and pay a £5,000 reservation fee
  • 50% deposit due on exchange of contracts (less reservation fee) within 28 days of reservation
  • Remaining balance due on completion

Video - X1 Cheltenham Place

Development Availability

PropertySizeBedroomsPriceEnquire
Studio Apartment215 square foot-£119,995.00Enquire

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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X1 Cheltenham Place - Location

Just across the road from the completed X1 The Campus development, which currenetly benefits from 100% occupancy, this new development is ideally situated just outside of Manchester City Centre. Residents can enjoy the hustle of the city while also escaping it when required.

X1 Cheltenham Place will be an attractive option for students and young professionals, being located near both University of Manchester and University of Salford.

Nearby Amenities

  • University of Salford - 10 minute walk.
  • Salford Shopping Centre - 10 minute walk.
  • The Trafford Centre - 30 minute walk.
  • Manchester Airport - 30 minute train ride.
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.

Contact Us

Contact Pure Investor today for a Free Consultation and Valuation for your tenanted property for sale.

Call today on: +44 (0) 161 337 3890

or contact to us via WhatsApp Contact Now

Find out more

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 826 4606.

We look forward to hearing from you!

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