X1 Cheltenham Place, Manchester - Earn 7% Net For 10 Years.

Published: 28th November 2022

Comprising of 353 luxury studio apartments, the stunning new X1 Cheltenham Place Manchester development looks raise to raise the bar for high-specification accommodation for young professionals and students in Manchester city centre. The new scheme is purposefully designed to appeal to the growing number of students and young professionals seeking to transition from full-time education to the workplace.

Located across the road from the X1 The Campus student development, and less than 3 minute's walk from the main campus of the University of Salford, the X1 Cheltenham Place is certain to benefit from the huge demand for rental accommodation in the local area.

The residents of X1 Cheltenham Place will benefit from a wide array of communal facilities including a state-of-the-art gymnasium, communal laundry facilities and bike storage. On the top of the building, a stunning communal roof garden and terrace will offer residents stunning views of the local area and city centre. A subtle blend of communal seating and landscaping will provide residents welcome respite from the hustle and bustle of everyday life below.

The developments close proximity to Salford Crescent station means residents will benefit from quick and convenient access to Manchester city centre. The development is also in close proximity to the new commercial hubs of Salford Quays, MediacityUK and Spinningfields.

X1 Cheltenham Place - Investment Breakdown

• 7% net contractually assured for first 10 years
• Zero Ground Rent
• 999-year lease from 2024
• Rooftop garden seating area
• 10-year building warranty
• Fully equipped gymnasium

The head office of Pure Investor is perfectly located for clients looking to invest in the Greater Manchester region, and we are regular visitors to all major development construction sites throughout the region. As with all property developments within the Manchester area, we will be regular visitors to the X1 Cheltenham Place construction site, providing our investor clients with detailed video updates to show construction progress throughout the build cycle. These will provide additional support to all construction updates provided by the developers.

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