We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · M6 6RD
Listing removedListed 413 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cheltenham Place is a premier residential development in the heart of Salford, offering 353 luxury studio apartments designed for modern student living.
As an extension of the highly successful first and second phases of The Campus, this development meets the growing demand for high-quality accommodation, catering to both UK and international students.
Investors can expect strong occupancy rates, with long-term tenancy options tailored to graduates and young professionals.
With a diverse range of on-site amenities and excellent transport connections, Cheltenham Place delivers convenience and comfort.
Residents will enjoy access to a gym, laundry facilities, and bike storage, while Salford Crescent station is just a five-minute walk away.
Its prime location ensures easy access to Manchester, whether by train, car, or on foot.
Following the success of The Campus-which boasts full occupancy-Cheltenham Place presents an outstanding opportunity for both residents and investors alike.
Investment Highlights 7% assured NET rental returns for 10 years Prices from £124,995 No ground rent 353 luxury studio apartments available Built by an award-winning developer The development is in easy reach of world-class learning institutions Luxury studio apartments are perfect for graduates and students Over the next five years, Manchester is projected to lead economic expansion among major UK cities, with an impressive GVA growth of 16.4%, as forecasted by Oxford Economics.
Rental prices are also expected to rise steadily, averaging 2.9% annual growth, according to JLL.
Home to MediaCityUK, Manchester boasts state-of-the-art studio facilities producing television, radio, and digital content for global audiences.
Many media professionals choose to reside in the scenic Salford Quays, blending work and lifestyle seamlessly.
Meanwhile, Spinningfields, the city's thriving business district, houses several of The Times Top 100 Graduate Employers.
Manchester continues to attract and retain top-tier students, reinforcing its status as the UK's leading destination for higher education and career opportunities outside London.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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

FAQ
About Frederick Road, Manchester, Greater Manchester, M6
Explore nearby