Property description
INVESTORS - 6.1% NET RENTAL INCOME ASSURED FOR 1 YEAR
Comprised of 140 high-end apartments, this 10-storey building will be furnished to the highest of standards and ready to accept residents by Q4 2015. Built by the experienced developer behind the successful X1 Salford Quays Phase 1 (nearing completion) and Phase 2 (work is due to start in Jan 2014), X1 The Exchange is one of the most exciting developments to hit the Manchester market so far this year.
Investment Highlights
140 luxurious 1 and 2-bed apartments
6% assured NET yield for year 1
Balcony/Quayside views on selected units
Private parking available
Built by an experienced buy-to-let developer
Management and letting agent in place
Fixtures and Furnishings
All apartments are supplied furnished, at an additional cost.
The Quays & Media City
A vibrant, exciting place to live, Salford Quays is the new destination of choice for young professionals wanting to work hard and play hard. The new Media City site is a £70 million complex of designer shops, bars, restaurants and cinemas, in addition to being home to the brand new BBC and ITV studios and the famous Lowry Theatre.
Situated directly across from the historic Manchester Ship Canal, these plush apartments are perfectly located for anyone wanting to live, work and play in one of the most vibrant destinations in the North.
Management Company
X1 Letting Ltd. is the designated rental management company for this development. Experienced at managing both residential buy-to-let and student accommodation properties, residents can be assured of a professional service throughout their tenancy.
Interest in this development will be high, so contact us today to reserve your unit!
Why Invest In Student Accommodation?
Are you receiving low interest on your Savings?
Our Student Pod and Buy to Let opportunities are delivering:
> 6% - 10% NET Income
> Capital Appreciation on your Asset
> Full Management and a Hands Off Experience
> Cash Flow Positive Opportunities Nationwide
Collect more than just the low interest from your bank!
Student property returns will continue to outstrip traditional asset classes into 2014?
- The Knight Frank Student Property Report 2014
Traditionally students in the UK shared outdated private houses or lived in sub-standard university owned halls of residence that lacked facilities, security and maintenance. Students today have evolved from those in the past, becoming sophisticated consumers; they have come to demand more from their accommodation. Students want high quality, new build apartments with en-suite bathrooms, great facilities and security, close to university campuses and amenities, leaving them able to concentrate on what is important; their studies. High quality accommodation is an important factor for a student when going to university. It is a vital part of the education experience, building independence and confidence within their new educational environment, helping them to achieve their full potential in their studies. The student property sector is now worth 200 billion globally, growing faster than ever before
- The Financial Times
Trafford Road, Manchester, M5 3AW
127,500 GBP
Property Features :
- 6.1% NET RENTAL INCOME FOR 1 YEAR
- 1 YEAR RENT ASSURED PERIOD
- NEW BUILD
- RESIDENTIAL/BUY TO LET/STUDENT