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1 bedroom property for sale

Chapel Street, Salford, Salford, M3
Property
1 bed
1 bath
Added > 14 days

Key information

TenureLeasehold
Ground rent£250 per annum | review period: unconfirmed
Service charge£3,895.87 per annum
Council taxAsk agent
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold

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Tenanted Student Investment achieving £147.00 per week until August 2024!

X1 Sales is proud to offer a ready made investment opportunity for the right buyer.

This Student cluster flat , one bedroom (with an ensuite) is for sale within a 5 bedroom cluster. The kitchen and living areas are shared between all 5 tenants within the cluster

The room has a double bed with an ensuite bathroom. Apartments share a kitchen and living space which is fully furnished. There is an onsite gym for private residents to use. The building also offers an on-site laundry service and secure bike storage. Security work in the building overnight 7 days a week.

Student investment opportunity, not suitable for owner occupiers / live in landlords. Cash purchase only. Property is tenanted and has a management company in place so it would be a perfect ready to go investment. The new buyer can expect to receive rental income immediately after completion.

Ground rent £250.00 per year
The service charge for the calendar year 2023 is £3895.87 - All utility bills are included in the service charge.
Rent achieved - £147.00 per week until August 2024

X1 Lettings management fee 9% + VAT
Lease length - 999 years from 01.09.2014
council tax - N/A (purpose built student accommodation)
EPC Rated- B

Our student accommodation here at Chapel Street couldn’t be more perfectly positioned, with great travel links to both Salford Central and Victoria station. It’s the perfect base for tenants studying at Manchester Metropolitan University, The University of Salford or The University of Manchester.

All of our rooms come fully furnished and consist of a double bed, wardrobe, drawers, desk and chair along with LCD TV in every room. Each cluster flat is shared between5 people; with each bedroom coming with a separate end-suite wet room. Only the living and kitchen areas are communal within each cluster.

You’ll also find an on-site gym available for all tenants to use 24 hours a day, along with an on-site laundry room which has recently been upgraded. There is a communal courtyard, so when Manchester does receive some sun there’s some outdoor space for your tenants to enjoy.

Chapel Street benefits from a secure fob system with security on site 7 days a week. We also have a bike storeroom on site which tenants have access to 24 hours a day.

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About this agent

X1 Sales and Lettings - Greater Manchester
X1 Sales and Lettings - Greater Manchester
Unit 1, 9 Michigan Avenue Salford, Greater Manchester M50 2HA
0161 506 3018
Full profileProperty listings
Welcome to X1 Sales and Lettings! We are a nationwide agency representing over 4000 landlords across the UK and are proud of both the properties in our care and the strong reputation that we have built over the last 10 years.  The X1 team is passionate about providing a level of aftercare that is unparalleled within the market and places high importance on both landlord and tenant relations.  Tenants renting with X1 will receive a resident exclusive loyalty card which gives access to discounts and offers at a range of local businesses across the City.  Landlords benefit from one dedicated point of contact who communicates with property managers, and tenancy care managers to ensure that costs are kept to a minimum and rental income is maximised.  For more information on our services -  or to get started on your home moving journey -  get in touch with a member of the team today.  We are looking forward to working with you! 
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