Studio flat · M6 6WY
For saleListed 1372 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Studio apartments - X1 cheltenham place 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, we’re 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.
Investment Highlights - Luxury studio apartments from £119,995 - 7% net rental return assured for 10 years - 999 years lease - Earn an assured £83,964 over 10 years - Excellent location prime for rentals
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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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
FAQ
About Cheltenham Place, Cheltenham Street, Salford
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