INVESTMENT PROPERTY SPECIALISTS WORLDWIDE
Cheltenham Place in Manchester
Introducing the next project in a long list of successful ventures by award- winning developer X1, we welcome you to X1 Cheltenham Place. These 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. And if that’s not enough, they also close to the incredible city of Manchester either a short journey by train or car, or a leisurely walk.
This development follows on from the hugely popular project across the road, X1 The Campus – now enjoying 100% occupancy. X1 Cheltenham Place is eagerly awaited by investors and residents alike, bringing hundreds of luxury studio apartments to this thriving city.
About Cheltenham Place
X1 Cheltenham Place will provide 353 luxury studio apartments right in the heart of the action. With a range of on-site facilities and excellent transport links, this development offers the perfect solution for modern living. Building just across the road from our existing project X1 The Campus which benefits from 100% occupancy, this new development will enjoy the huge demand from our existing tenant pool and attract a new group of residents. Our new scheme takes our commitment to professionals
a step further, creating a space for both those who are learning and those now earning. X1 Cheltenham Place will be the perfect place to transition from education to the workplace without having to move home.
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.
Located just seconds from one of the main university buildings and only six minutes from Media City UK, X1 The
Campus 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 minimizes time spent traveling.
£5,000 due on reservation
50% minus the above reservation fee on exchange within 28 days
Balance due on completion
Key Investment Highlights
Contemporary en-suite student apartments
Highly desirable location
7.5% Net Yield this include ground rent and all service charges and maintenance
5 Year Rent Guarantee
Residents’ on-site gym
Roof top garden
999 years from 2024
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
R E N T A L G U A R A N T E E O F
7 % N E T F O R 5 Y E A R S
The 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:
£8,700 Year 1
£17,400 Year 2
£26,100 Year 3
£34,800 Year 4
£43,500 Year 5
Receive the following information:
Full Investment Pack
Current Availability Report
You can simply call and speak with your expert Portfolio Manager on +44 (0)203 807 0406