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See how verdicts workStudio · M3 5JZ
For saleReduced £5k (−14.3%) on 9 OctListed 356 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Situated in the popular X1 Chapel Street development, this modern studio apartment offers a compact yet stylish living space in a prime city-centre location.
Measuring approximately 186 sq ft , the property is designed with functionality and comfort in mind - ideal for students or young professionals seeking a convenient base close to both Manchester city centre and the University of Salford The studio features a modern kitchenette with integrated appliances, a comfortable sleeping area , a dedicated study/workspace , and a sleek private en-suite shower room Large windows allow plenty of natural light, enhancing the sense of space and creating a bright, welcoming atmosphere.
Residents benefit from a range of on-site amenities including a fully equipped gym , laundry facilities , secure entry system , CCTV , and on-site management by X1 Lettings - ensuring the property is well maintained and appealing to tenants.
With strong rental demand and excellent occupancy levels year-round, this unit represents a fantastic hands-off investment opportunity in one of Manchester’s fastest-growing areas.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About X1 Management, Salford
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