Chapel Street , Manchester

  • Starting price: £54,950
  • 8% assured NET rental for 5 years
  • Walking distance to Universities
  • £10.76 million regeneration of local area
  • Completed for September 2014 intake
  • Experienced letting & management company in place

Introduction

Landmark Developments is delighted to present our latest student accommodation investment benefiting from an assured NET rental of 8% for 5 years.  X1 Chapel Street is situated a mere half mile away from the University of Salford and within walking distance of both Manchester Metropolitan University and the University of Manchester ensuring this development is ideally located for students.

This property has been built by an experienced developer already active in the student accommodation market.  X1 Chapel Street has 90 student rooms and 3 penthouses spread across four floors with space for commercial premises on the ground floor.  Each apartment is en-suite.  Each floor benefits from 4-5 communal lounge/kitchen areas and there is an on-site reception desk, laundry room and secure bicycle storage area.

The Chapel Street area is undergoing an intense regeneration programme.  In March 2012 the Northwest Regional Development Agency (NWDA) granted £10.76 million for the regeneration of the Chapel Street corridor and the area is set to become a vibrant collection of shops, cafes and businesses premises, adding to the investment potential and value of the area.

The regeneration scheme is hoping to creat 11,000 jobs , 220,000sqm of commercial floorspace, 849 homes and 390 hotel rooms.

This will prove to be a popular investment with limited availability as there are only 90 units available at £54,950 and 3 penthouses at a price of £69,950. The build will be completed in time for the September 2014 student intake.

Location of Chapel Street

HINT #1: Click on the map icon to get directions to chapel street

HINT #2: On the map in the top left, if you see an orange man, drag him to the location on the map for "street view"

Within walking distance of largest Universities.

In the heart of the regeneration area.

Photo Gallery

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