Perfectly designed for students, graduates, and young professionals, X1 Frederick Street is the latest addition to Salford’s bourgeoning residential hub.
Set in a thriving neighbourhood already home to other X1 developments, X1 Frederick Street continues the tradition of delivering exceptional quality and premium on-site amenities, including a residents-only gym, laundry facilities and bike storage. Just moments from Salford Crescent station, X1Frederick Street offers the perfect balance – only 10 minutes from central Manchester, yet tucked away in a peaceful, well-connected location, making it ideal for both investors and residents.
Studios from £152,950
7% PA NET Rental Assurance for 10 Years
Fully Furnished Free Furniture Pack
Up to £1,000 Legal Fee Contribution from X1 Developments Ltd (Developer) providing panel recommended UK Solicitor used for completion of all Sale & Purchase Legalities
No Annual Building Service Charge or Annual Property Management fees for a decade (10 years)
Fully Managed (Totally Hands Off)
£5,000 reservation fee, 25% minus £5,000 reservation fee already paid on Exchange of Contracts (usually within 28 days from date of Reservation), 25% 6 months later, Final 25% balance Completion/handover Q3 2027
Just moments from Salford Crescent station, and only 10 minutes from central Manchester, tucked away in a peaceful, well-connected location making it ideal for both investors and residents Perfectly designed for students, graduates and young professionals, X1 Frederick Street is the latest addition to Salford’s bourgeoning residential hub. Set in a thriving neighbourhood already home to other X1 developments, X1 Frederick Street PPBSA continues the tradition of delivering exceptional quality and premium on-site amenities including a residents-only gym, laundry facilities and bike storage.
We are expecting this project to be equally as popular amongst both students and young professionals. As a result, void periods should be low which is testament to the developer providing a 10-year Rental Assurance /Guarantee of NET 7% per annum. It’s not often we come across many 10-year rental assurances such as this offering and that too from a proven established developer who has paid out over £45m in assured rent obligations in the past.
With the regeneration taking place in Manchester now we are seeing a stark rise in population figures which is leading to a greater demand for property to buy and rent. As such property prices in Manchester are rising above the national average rate and therefore this development represents a good opportunity for capital appreciation in the mid to long terms over the next 5 -10 years.
The downside if there was one is that the project is off plan and therefore investors will have to wait some time before they see a return on their investments which commences post completion Q3- 2027.
All things considered however we think this will be an excellent mid to long term investment holding in any clients UK Property Investment Portfolio and should deliver on both capital appreciation and good rental yield income.
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