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1 bed property, in Cheltenham Place, £120,000
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1 bed flat

Cheltenham Place, 33 Frederick Road, Salford, Salford, M6
£120,000
Leasehold

This fully completed and tenanted 11th-floor studio apartment in the X1 Cheltenham Place development offers an ideal turnkey investment opportunity in a high-demand Manchester location. With a 999-year lease and peppercorn ground rent, the apartment is fully tenanted and generating income from day one, with a tenant in situ paying £975 per month. The development, located near MediaCityUK and major universities, offers a range of resident facilities including a gym, laundry facilities, and secure bike storage, making it an attractive option for both students and working professionals. The studio apartment itself is fully furnished and fitted to a high specification, with modern kitchens, fully tiled ensuites, and excellent connectivity to Salford Crescent Station. This is a hassle-free investment opportunity for those seeking immediate rental income.