X1 Cheltenham Place Manchester.jpg

x1
cheltenham place

manchester

A new development of 353 luxury studio apartments in Salford, Manchester.

Prices from only £119,995.

7% net rental guarantee for 5 years.

Who is looking at this property?

rental guarantee

7% net rental guarantee for 5 years.

award winning developer

30 developments delivered.

building warranty

10 year building warranty in place.

prime
location

Convenient location with good transport links.

X1 Cheltenham Place is a new development in Salford, Manchester consisting of 353 luxury studio apartments.

Prices starting from only £119,995 with a 7% net rental guarantee for 5 years. 

Highlights: 

  • A spectacular new opportunity.

  • 7% net rental guarantee for 5 years.

  • Expected completion: Q4 2024.

  • Award winning developer. 

  • 10 year building warranty. 

  • 999 year lease from 2024. 

  • Furniture Pack: £2,995. 

  • Upper floors benefit from cityscape windows.

  • Skyline views of Manchester from the Penthouse studios.

Amenities: 

  • Resident's on-site gym. 

  • Reception.

  • Roof top garden.

  • Communal area.

  • Cycle store.

  • Overnight security.

Payment terms: 

  • £5,000 due on reservation.

  • 50% minus the above reservation fee on exchange within 28 days. 

  • Balance due on completion. 

X1 Cheltenham Place's luxury studio apartments are perfect for professionals, graduates and students, and come with all the amenities you need to make life easy. Residents will have access to a gym, laundry facilities and bike storage, as well as being just five minutes’ walk from Salford Crescent station.

If that’s not enough, the development is also close to the incredible city of Manchester either a short journey by train or car, or a leisurely walk.

X1 Cheltenham Place is eagerly awaited by investors and residents alike, bringing hundreds of luxury studio apartments to this thriving city.

X1 Cheltenham Place is a great place for young professionals, students and graduates. With its friendly atmosphere, it’s ideal to live in if you’re looking to enjoy the city life but also have time for your studies or work. Among the main benefits of living here is that you’re always close to home, work or studies. People who live in this area on average spend less time in traffic and on trains, focusing instead on more important things.The population of Manchester continues to grow, including an increasing number of overseas students who choose the city for their education. 

This spectacular communal space provides residents with stunning views of the surrounding city and a place to relax outside after a hard day of work or study. The roof garden is one of several shared spaces enabling residents to socialise at home outside of their private studio space at X1 Cheltenham Place. A complimentary blend of seating areas and landscaping creates a space that will be a sanctuary of tranquillity, above the bustle of the city down below. From enjoying lunch with friends in the sun, to relaxing with a good book in the open air, the roof garden is likely to be an incredibly popular feature of this development.

Located just seconds from one of the main university buildings and only six minutes from MediaCityUK, X1 TheCampus launched 271 boutique style studio apartments in response to the increasing demand for high-end student accommodation in Salford. Launched to the rentals market in 2018, the development is consistently at 100% occupancy and has been extremely popular amongst students who are willing to pay premium rental prices in exchange for an on-site gym, on-site games room and ultimately, a desirable location, which hugely minimises time spent travelling.

Location:

  • 3 minute walk to the University of Salford.

  • 4 minute walk to Salford Crescent Station.

  • 30 minutes walk to Manchester City Centre. 

  • 3 minutes by train to Deansgate - Castlefield.

  • 5 minutes by train to Oxford Road. 

  • 7 minutes by train to Victoria. 

  • 9 minutes by train to Piccadilly. 

  • 12 minutes drive to The Trafford Centre.

  • 18 minutes drive to Manchester Airport. 

  • 40 minutes drive to Liverpool. 

Cycle your way around Greater Manchester from X1 Cheltenham Place. No need to worry about finding a space to park your bike, the cycle storage area has you covered. This fantastic property is perfect for anyone looking for easy access to the city centre and further afield, with cycling one of the best ways to take in the surrounding area. If ever you find yourself needing to fix your bike before heading out, just head to the dedicated cycle repair area.

Over the last decade, private student accommodation has become one of the UK’s strongest assets with a steady upward growth of domestic and overseas students enrolling on courses. As traditional accommodation has declined in popularity, in a recent UCAS survey, 63% of students cite the standard of their accommodation as a very important factor for their wellbeing and satisfaction.

Manchester’s business district Spinningfields is home to several of The Times Top 100 Graduate Employers. So it may come as no surprise that the city comes top in the UK outside of London for attracting students and retaining them after their studies are complete, according to the Centre for Cities. Many graduates that left Manchester to study also return after their studies, attracted back by the thriving cultural and social scene of this modern metropolis. X1 Cheltenham Place is perfect for transitioning from studies to the workplace without leaving home, by offering everything professionals need in a living space to make a strong start at a new career.

The 7% rental guarantee is payable if the apartment is not let or during any void periods.

No ground rent, service charge and management fee is payable during this time.

Example total payments for a £124,995 studio at 7% NET over the course of five years:

  • Year 1: £8,700.

  • Year 2: £17,400.

  • Year 3: £26,100.

  • Year 4: £34,800.

  • Year 5: £43,500.

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