Verta Property Group

Completion Date

Q3 2027

Status

Off-Plan

Project Type

Student Accommodation

Project Location

Manchester

Price Range

£152,950

X1 Frederick Street 1

Fixed 7% NET Return for 10 Years

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)
Modern apartment building in Manchester at dusk, featuring brick façade, illuminated windows, and surrounding greenery, with pedestrians and vehicles on the street.

Verta Property Group's Expert Insight

At Verta Property Group we’re pleased to present X1 Frederick Street, the latest purpose-built student accommodation scheme from X1 Developments. Following the sell-out success of X1 Cheltenham Place and X1 The Campus, 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.

Modern Studio 1

Backed by Market Insight

X1 Frederick Street sits within a market facing a chronic student beds shortage. According to industry sources, the Manchester region has a significant shortfall of available student accommodation beds, making demand for quality PBSA exceptionally strong.

According to Knight Frank’s Q2 2025 Student Market Update, over £1.6 billion has already been invested into UK Purpose Built Student Accommodation (PBSA) this year; well above the £1.1 billion five-year average. A further £2 billion worth of PBSA stock is currently under offer, reflecting intense institutional demand.

At the same time, student numbers are rising. UCAS applications are up 1.3% year-on-year, with international applicants increasing by 2.2%, including a 9.9% rise in Chinese students. Yet just 1,609 new beds were delivered in the first half of the year – against a backdrop of over 17,000 needed by next term.

This supply-demand gap is especially visible in Manchester and Salford, where occupancy regularly reaches 100%. For investors, this means higher yields, strong rental security, and long-term growth potential. X1 Frederick Street is ideally positioned to capitalise on this market imbalance.

Contact Us

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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.

Gallery

Location

address
30 Frederick Road, Salford, M6 6NY
Key transport
  • 2 minutes from University of Salford (Frederick Road Campus)
  • 5 minutes from Salford Shopping Centre
  • 6 minutes to Spinningfields (Manchester’s business district)
  • 10 minutes to Manchester city centre
  • 12 minutes to Manchester Victoria Station
  • 14 minutes to MediaCityUK by bike
  • 20 minutes from Manchester Airport by car

Full End-to-End Property Investment Service

Fully Managed - Hands Off Purchase
Mortgages & Company Set Up
Zero Fees & Full Support
Trusted by +31,000 Property Investors
Rated 4.7/5 From Hundreds of 5* Online Reviews
Decades of Industry Experience
The Reservoir

Executive Summary

  • 999-Year Leasehold
  • On-Site Gym
  • Laundry Room
  • Secure Cycle Storage
  • Landscaped Roof Garden
  • Communal Areas & Study Spaces
  • Ideal for Students & Graduates
  • Close to MediaCityUK & Salford Quays

What's Our Role?

X1 Frederick Street

Full End-to-End Property Investment Service

  • Fully Managed – Hands Off Purchase
  • Mortgages & Company Set Up
  • Zero Fees & Full Support
  • Trusted by +31,000 Property Investors
  • Rated 4.7/5 From Hundreds of 5* Online Reviews
  • Decades of Industry Experience
X1 Frederick Street