Studio

272-280 Chapel Street, 
Salford, 
M3 5JZ
Purchase price
£28,000
  • Size: 12 sqm
  • Tenanted
SUPERB INVESTMENT OPPORTUNITY – TENANTED STUDENT INVESTMENT WITH IMMEDIATE INCOME Generate yields in the region of 8.5-12.5% NET! Cash Buyers Only – Enquire Today!
  • Financial Performance*
Gross rent
£9,180
Ground rent
£380
Service charge
£4,300
Lettings fees
£991
Net income
£3,509
Gross yield
32.79%
Net yield
12.53%
  • Key Features
  • Tenanted investment opportunity
  • Incredible returns to be generated
  • Private student accommodation
  • Excellent city centre location
  • Onsite gymnasium
  • Double room
  • Communal kitchen
  • Laundry room
  • Fantastic transport links
  • Enquire for video walkthrough

An excellent opportunity to acquire a fully tenanted student investment in one of the UK’s largest university cities, offering immediate rental income from completion. This well-presented double room with a private en-suite is situated on the second floor of the popular X1 Chapel Street development and is offered fully furnished to a high specification.

The accommodation comprises a double bed, modern en-suite bathroom, dedicated study area, free Wi-Fi and ample storage. Residents also benefit from excellent communal facilities, including fully fitted kitchens, a gymnasium, laundry facilities, secure bicycle storage, 24-hour CCTV in communal areas and on-site security.

Ideally located within the regenerated Chapel Street district, X1 Chapel Street offers excellent transport links and is conveniently positioned for the University of Salford, Manchester Metropolitan University and The University of Manchester. Ongoing regeneration and investment in the area have enhanced connectivity, providing easy access to Manchester city centre, shopping, leisure and cultural attractions.

Manchester is home to more than 85,000 UK and international students, creating strong and consistent demand for high-quality purpose-built student accommodation, making this an attractive investment opportunity.

This property may fall within a selective licensing area where charges may apply. In line with the Renters’ Reform Act, student tenancies are granted as periodic tenancies rather than fixed-term agreements. Any rental figures quoted are based on a 51-week tenancy, reflecting the current tenant’s chosen arrangement, but this may be subject to change. Please enquire for further information.

  • Financial Performance *
Gross rent
£9,180
Ground rent
£380
Lettings fees PA
£991
Service charge
£4,300
Net income
£3,509
Gross yield
32.79%
Net yield
12.53%

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Studio

272-280 Chapel Street, 
Salford
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*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC