The property is built for mature and or wealthier students and young professionals mostly attending Salford University, and offers a higher standard of living than purpose built student accommodation. The development has quick transport links into Manchester City Centre and offers a range of luxury facilities.
X1 Cheltenham Place sits opposite one of X1s previous developments, meaning they can sure of the demand and keep occupancy levels high. Sitting virtually on top of Salford University.
The closest station is a 7 min walk which can take you into the heart of Manchester in around 5 minutes.
In additional to all the amenities that come along with quick access to a major city centre, Salford Shopping centre is just a 10 minute walk which also has a Tesco Extra.
Salford Quays is also just a 7 minute drive which contains MediaCity where companies such as the BBC are based, making the development a fantastic option for these young professionals.
The Average property prices in the North West region will grow by 18.8% by 2026.
According to HSBC Mortgages, Manchester provided the highest rental yield in the UK last year with an average yield of 7.93%, up from second place last year. Fresh Invest have seen property investments available in Manchester at anywhere from 7% – 12% Net.
Housing Demand Investment Recap
Manchester is consistently in the top 3 UK hot spots for investment, has recently been voted the most desirable place to live in the UK, and out performs any other city in terms of both capital appreciation and rental yields.
Prices from £119,995