1 bedroom property for sale
Key information
Property description & features
- Tenure: Leasehold
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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