1-bedroom flat · M6 6RD
Sold STCListed 389 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cheltenham Place: A Prime Investment in Salford's Thriving Residential Market Positioned in the heart of Salford, Cheltenham Place is a landmark residential development comprising 353 high-specification studio apartments, purpose-built for the modern student and graduate lifestyle.
As the third phase following the fully occupied and acclaimed Campus developments, Cheltenham Place is poised to meet soaring demand for premium accommodation among both domestic and international students - with long-term appeal to young professionals.
Strategically located just minutes from Salford Crescent station and within effortless reach of Manchester city centre, the development combines high convenience with urban connectivity.
Tenants will benefit from on-site amenities including a residents' gym, laundry services, and secure cycle storage - all designed to support a comfortable, low-maintenance lifestyle.
Key Investment Advantages 7% assured NET rental yield for 10 years Zero ground rent Delivered by an award-winning developer Located near top-ranking universities and major employers Tailored to the needs of graduates, students, and young professionals Immediate rental appeal driven by proven demand at previous phases Backed by Manchester's exceptional economic fundamentals - including a projected GVA growth of 16.4% over five years (Oxford Economics) - and a rising rental market, Cheltenham Place offers a rare combination of security, yield, and long-term value.
Manchester continues to draw global talent through its world-renowned institutions and thriving business ecosystem.
From Spinningfields' corporate giants to MediaCityUK's creative powerhouses, the city remains a magnet for high-calibre graduates - many of whom choose Salford for its blend of connectivity, affordability, and lifestyle.
Cheltenham Place isn't just a residential offering - it's a high-performing, strategically positioned asset in one of the UK's most promising rental markets.
Value & comps
No previous sales on record.
Returns
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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 Frederick Road, Manchester, Greater Manchester, M6
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