FREDERICK STREET, M6 6JQ
Assured rental income from a purpose-built student property in a prime university location
BUY-TO-LET
INVESTMENT
STUDENT HOUSING
FROM £152,995
7% NET RETURNS
GET PAID £892 PER MONTH
10-YEAR RENTAL CONTRACT
NO MANAGEMENT REQUIRED
RESERVE TODAY FOR £5,000
invest where the demand is
Manchester has a chronic under supply of student beds. X1 Developments is helping to plug that gap. Introducing Frederick Street. A new purpose-built-student-accommodation development in the heart of Salford, Manchester, that is set to raise the bar for student living in the city. Here’s your opportunity to invest in a high-yield asset that also contributes to supporting the chronic bed shortage.
BUY-TO-LET
You will own the property outright, this is not a share
FULLY-MANAGED
X1 Lettings will take care of all tenant and building management
prime location
This development is in a prime location with strong rental demand
PROPERTY DETAILS
Located just a 5-minute walk from the University of Salford’s Peel Park campus and a short 10-minute tram ride to Manchester city centre, this development offers 364 studio apartments. Salford boasts a strong student population and high demand for quality PBSA, with recent schemes achieving 100% occupancy ahead of completion.
ONE-BED STUDIO THAT COMES FULLY FURNISHED
located in salford, manchester
NEW BUILD COMPLETING IN SEPT 2027
FROM RENOWNED DEVELOPER, X1
ZERO GROUND RENT
ZERO MANAGEMENT FEES
ZERO SERVICE CHARGES
NO TENANCY MANAGEMENT REQUIRED
OCCUPANCY INFORMATION
TENANT TYPE
This development is PBSA and will be tenanted by students only
EXPECTED OCCUPANCY RATE
Based on previous developments in the same sector, X1 is expected a close to 100% occupancy rate
rental contract
You'll have a 10-year rental contract with the letting agent who handles all tenant and building relations
EXPECTED RENTAL START DATE
This development is expected to complete in September 2027 with rental payments expected to start towards the back end of 2027
THE LOCATION
Prime Student Location
The combination of proximity to the University of Salford, ongoing infrastructure improvements, and enhanced transport links positions the property in a high-demand area for student accommodation.
Significant Infrastructure & Regeneration
Part of the £2.5bn Crescent Salford masterplan, including the Salford Rise elevated walkway, power network upgrades, and transport improvements, enhancing connectivity and long-term area growth.
Excellent Amenities & Transport Links
Close to shopping, dining, parks, and public transport (Salford Crescent Station and bus routes), supporting a high-quality student living experience and strong rental appeal.
THE INVESTMENT
PURCHASE PRICE
One-bedroom studio apartment that comes fully-furnished
£152,995
THE RETURNS
7% NET
ANNUAL INCOME
£10,700
MONTHLY INCOME
£892
RENTAL CONTRACT
10 YEARS
WHY STUDENT HOUSING
The UK student housing market is booming with a 230,000-bed national shortfall and occupancy rates around 97 to 98 percent, while Manchester hosts over 120,000 students and needs about 16,000 to 20,000 additional beds, creating strong rental growth and attractive yields for investors
WILL YOU OWN THE APARTMENT?
You will own the property. Your name will be on the deeds. The different with out property vs a typical buy-to-let, is that a property management cimapny is in place to handle tenant relations, rent collections as well as general repairs.
