X1 Frederick Street

Overview

X1 Frederick Street is a striking new-build studio development in the heart of Salford’s education and innovation district, just 10 minutes from Manchester city centre. Designed for the next generation of students, graduates, and young professionals, it offers contemporary living with on-site amenities including a residents’ gym, rooftop terrace, laundry facilities, and secure cycle storage. With prices now starting from just £152,950 and a 7% NET rental return contractually guaranteed for 10 years, X1 Frederick Street combines a high-spec product, prime location, fully managed structure, and long-term income security. Backed by a blue chip developer with a proven record of 100% occupancy in neighbouring schemes, this opportunity offers reliable returns in one of the UK’s strongest rental markets.

Key details

Studios from £152,950

7% NET Returns Guaranteed for 10 Years

Zero Ground Rent & No Service Charge for a Decade

Free Furniture Pack included

Short-Let Approved

£5,000 Reservation Fee | 25% on exchange | 25% 6 Months from Exchange | 50% on Completion (Minus Res Fee)

£1,000 Legal Fee Contribution (Terms Apply)

Next to X1 Cheltenham Place (100% Tenancy Achieved)

Verta's expert insight

X1 Frederick Street is the latest purpose-built student accommodation scheme from X1 Developments. This development offers investors a rare chance to secure fully managed, hands off income in one of the UK’s most undersupplied PBSA markets.

Adjacent to the University of Salford, home to over 30,000 students, the scheme is designed for strong rental demand and enduring occupancy. Every unit is delivered turnkey and professionally managed, removing ongoing responsibilities for landlords while delivering predictable, long-term income via a 7% NET rental assurance contract.