“STUDENT RENT HAS DOUBLED IN THE LAST DECADE” THE COMPLETE UNIVERSITY GUIDE
2
04
Welcome to X1 The Campus
14
06
Why invest in student property?
16
University of Salford
08
Campus map
18
Developer profile
10
Example floor plan
21
Q&A - Next steps
12
Studio apartment plan
The City of Salford
3
“STUDENT RENT HAS DOUBLED IN THE LAST DECADE” THE COMPLETE UNIVERSITY GUIDE
2
04
Welcome to X1 The Campus
14
06
Why invest in student property?
16
University of Salford
08
Campus map
18
Developer profile
10
Example floor plan
21
Q&A - Next steps
12
Studio apartment plan
The City of Salford
3
X1 The Campus - Exterior
The images provided in this document are intended as a guide and could be subject to change
£5.9bn
Welcome to X1 The Campus
“A RECORD £5.9BN WORTH OF STUDENT ACCOMMODATION WAS TRADED IN 2015” SAVILLS
X1 The Campus is the latest addition to the thriving student accommodation scene in Salford. Located within the University of Salford campus, this development is sure to be a huge hit with students and investors alike.. X1 The Campus has an amazing location
amenities for the benefit of the students
right on the corner of the University of
including a management office, a laundry
Salford Frederick Road Campus and
room, secure bicycle storage and secure
consists of 271 studio student apartments
underground parking on selected units.
across eight floors. All units, from the standard studios to the 11 stunning penthouse studios, are fully furnished to the highest standards and come with stylish, modern fixtures and fittings.
X1 The Campus is within walking distance of local pubs and bars, as well as being close to public transport which links students to both Salford and Manchester city centres. Students will have access
Student residents will benefit from a
to local green spaces such as Peel
wide variety of on-site amenities such
Park where they can escape from busy
as a state of the art private gymnasium,
university life, whilst also being well
a cinema room and large communal
placed to enjoy all the benefits of modern
lounges for socialising and studying. X1
urban living in one of the UK’s most
The Campus also provides more practical
exciting cities.
Living room and bathroom suite
4
5
X1 The Campus - Exterior
The images provided in this document are intended as a guide and could be subject to change
£5.9bn
Welcome to X1 The Campus
“A RECORD £5.9BN WORTH OF STUDENT ACCOMMODATION WAS TRADED IN 2015” SAVILLS
X1 The Campus is the latest addition to the thriving student accommodation scene in Salford. Located within the University of Salford campus, this development is sure to be a huge hit with students and investors alike.. X1 The Campus has an amazing location
amenities for the benefit of the students
right on the corner of the University of
including a management office, a laundry
Salford Frederick Road Campus and
room, secure bicycle storage and secure
consists of 271 studio student apartments
underground parking on selected units.
across eight floors. All units, from the standard studios to the 11 stunning penthouse studios, are fully furnished to the highest standards and come with stylish, modern fixtures and fittings.
X1 The Campus is within walking distance of local pubs and bars, as well as being close to public transport which links students to both Salford and Manchester city centres. Students will have access
Student residents will benefit from a
to local green spaces such as Peel
wide variety of on-site amenities such
Park where they can escape from busy
as a state of the art private gymnasium,
university life, whilst also being well
a cinema room and large communal
placed to enjoy all the benefits of modern
lounges for socialising and studying. X1
urban living in one of the UK’s most
The Campus also provides more practical
exciting cities.
Living room and bathroom suite
4
5
Salford University
Why invest in student property?
“THE NUMBER OF STUDENTS IN THE UK INCREASED BY 3.1% IN 2015” UCAS
Over the last decade, purpose built student accommodation (PBSA) has become one of the UK’s strongest and most desirable asset classes. As the market has matured the sector has become globally recognised as a fantastic investment opportunity, and since 2011 student property has significantly outperformed all other traditional property investments. Higher tuition fees and the ever-
Therefore, modern students have begun
increasing cost of living have done
to wonder whether they could get more
nothing to put young people off the idea
for their money. This is where PBSA
of attending university – student numbers
comes in, offering a first rate student
continue to climb year-on-year. Due to
living experience with quality modern
this, demand for high quality student
conveniences at competitive prices.
accommodation has never been higher at a time when there is a general lack of supply available across much of the UK.
The growth of the private sector in response to this trend has been so significant that the National Union of
Traditional university halls have a
Students has predicted that the private
reputation for being cheap and cheerful
sector will be the majority supplier of
but being generally of a low quality.
student accommodation by 2018.
Maxwell Building
6
7
Salford University
Why invest in student property?
“THE NUMBER OF STUDENTS IN THE UK INCREASED BY 3.1% IN 2015” UCAS
Over the last decade, purpose built student accommodation (PBSA) has become one of the UK’s strongest and most desirable asset classes. As the market has matured the sector has become globally recognised as a fantastic investment opportunity, and since 2011 student property has significantly outperformed all other traditional property investments. Higher tuition fees and the ever-
Therefore, modern students have begun
increasing cost of living have done
to wonder whether they could get more
nothing to put young people off the idea
for their money. This is where PBSA
of attending university – student numbers
comes in, offering a first rate student
continue to climb year-on-year. Due to
living experience with quality modern
this, demand for high quality student
conveniences at competitive prices.
accommodation has never been higher at a time when there is a general lack of supply available across much of the UK.
The growth of the private sector in response to this trend has been so significant that the National Union of
Traditional university halls have a
Students has predicted that the private
reputation for being cheap and cheerful
sector will be the majority supplier of
but being generally of a low quality.
student accommodation by 2018.
Maxwell Building
6
7
University of Salford Student Union
Salford Crescent Station
FREDERICK ROAD, SALFORD
Manchester and Salford
NORTH
Rail times from Salford Crescent Station to... Deansgate Station (3 minutes) Manchester Victoria Station (6 minutes) Manchester Picaddily Station (11 minutes)
Manchester Victoria
Sports Centre
D OA BR
Allerton Studios
ET
RE ST
X1 The Campus is located in Salford with many of the University of Salford’s departmental buildings being within a 5 minute walk of the site. There are good transport connections by road and rail with Salford Crescent Train Station nearby. Salford Shopping Centre is also a short walk from the site.
ell
AD RO
E
FR
University of Salford Campus
Rive r Ir w
Perfectly located
K
IC
R DE
University of Salford Campus
Allerton Buildings
1. Castlefield (1.9 miles) Waterfront leisure area Beautiful historic area, filled with independent bars, great restaurants and museums.
Salford Central Station
2. Beetham Tower (1.9 miles)
Business House
Iconic skyline landmark
6
Beetham Tower epitomises luxury both inside and out — the glass-fronted exterior hosts a luxury Hilton hotel and Cloud 23, a bar that offers unparalleled city views from the 23rd floor.
Salford Business School
GREATER MANCHESTER AREA
University House
Myers Building
Mary Seacole Buildings
Chapman Building & Gallery
3. Spinningfields (1.8 miles) Peel Park
3
Business and financial district One of the trendiest parts of town with high-class establishments for those looking for a classy night out.
4. Manchester Central (2.2 miles)
NORTH
Salford Museum & Art Gallery Maxwell Building
University of Salford Salford
BR
OA D
Railway Station
2
Manchester Central has been a recognisable landmark to the city for many years, providing Manchester with over 23,000 square meters of flexible space for events and exhibitions.
5
5. Manchester City Centre (2.2 miles) Business and residential area
STR
EET
The life and soul of Manchester with excellent shopping opportunities, transportation networks, and eateries.
1
Manchester
6. The Arndale Centre (2.0 miles)
Greater Manchester
Manchester’s premier retail complex Represents a 0.6 mile diameter
8
11,000 capacity exhibition centre
The Arndale Centre is the third-largest city centre shopping centre in Europe, with a massive 1,500,000 sq ft of shopping space and welcoming over 41 million visitors annually.
4 Deansgate Station
Manchester Oxford Road Station
University of Salford Student Union
Salford Crescent Station
FREDERICK ROAD, SALFORD
Manchester and Salford
NORTH
Rail times from Salford Crescent Station to... Deansgate Station (3 minutes) Manchester Victoria Station (6 minutes) Manchester Picaddily Station (11 minutes)
Manchester Victoria
Sports Centre
D OA BR
Allerton Studios
ET
RE ST
X1 The Campus is located in Salford with many of the University of Salford’s departmental buildings being within a 5 minute walk of the site. There are good transport connections by road and rail with Salford Crescent Train Station nearby. Salford Shopping Centre is also a short walk from the site.
ell
AD RO
E
FR
University of Salford Campus
Rive r Ir w
Perfectly located
K
IC
R DE
University of Salford Campus
Allerton Buildings
1. Castlefield (1.9 miles) Waterfront leisure area Beautiful historic area, filled with independent bars, great restaurants and museums.
Salford Central Station
2. Beetham Tower (1.9 miles)
Business House
Iconic skyline landmark
6
Beetham Tower epitomises luxury both inside and out — the glass-fronted exterior hosts a luxury Hilton hotel and Cloud 23, a bar that offers unparalleled city views from the 23rd floor.
Salford Business School
GREATER MANCHESTER AREA
University House
Myers Building
Mary Seacole Buildings
Chapman Building & Gallery
3. Spinningfields (1.8 miles) Peel Park
3
Business and financial district One of the trendiest parts of town with high-class establishments for those looking for a classy night out.
4. Manchester Central (2.2 miles)
NORTH
Salford Museum & Art Gallery Maxwell Building
University of Salford Salford
BR
OA D
Railway Station
2
Manchester Central has been a recognisable landmark to the city for many years, providing Manchester with over 23,000 square meters of flexible space for events and exhibitions.
5
5. Manchester City Centre (2.2 miles) Business and residential area
STR
EET
The life and soul of Manchester with excellent shopping opportunities, transportation networks, and eateries.
1
Manchester
6. The Arndale Centre (2.0 miles)
Greater Manchester
Manchester’s premier retail complex Represents a 0.6 mile diameter
8
11,000 capacity exhibition centre
The Arndale Centre is the third-largest city centre shopping centre in Europe, with a massive 1,500,000 sq ft of shopping space and welcoming over 41 million visitors annually.
4 Deansgate Station
Manchester Oxford Road Station
N
Studio apartments
Ground Floor Example plan
Bike storage 80 spaces
Communal lounge
Salford University Studio apartments
X1 The Campus has a host of on-site amenities, including a private gym, stunning outdoor communal areas and parking available. This development comprises 271 student studio apartments which includes 11 penthouse apartments.
Allerton Studios Building
Landscaped courtyard
Salford University Buildings Ramp down to car park
Reception area
“93% OF SALFORD STUDENTS ARE NOT HOUSED BY THE UNIVERSITY� COMPLETE UNIVERSITY GUIDE, 2016
Residents gym
11
10 * All plans are based on concepts provided by the developer, are indicative only and are subject to change.
N
Studio apartments
Ground Floor Example plan
Bike storage 80 spaces
Communal lounge
Salford University Studio apartments
X1 The Campus has a host of on-site amenities, including a private gym, stunning outdoor communal areas and parking available. This development comprises 271 student studio apartments which includes 11 penthouse apartments.
Allerton Studios Building
Landscaped courtyard
Salford University Buildings Ramp down to car park
Reception area
“93% OF SALFORD STUDENTS ARE NOT HOUSED BY THE UNIVERSITY� COMPLETE UNIVERSITY GUIDE, 2016
Residents gym
11
10 * All plans are based on concepts provided by the developer, are indicative only and are subject to change.
Bedroom
Example Floor Plans Studio Apartments
Storage
Investment Highlights Entrance
• Estimated annual NET rental return of 6% • Private student accommodation is a booming investment class • Built by experienced developer; X1 • Top-quality student accommodation right next to the University of Salford • Close to excellent public transport links • Walking distance to local shops, bars and restaurants • Within easy reach of Salford and Manchester City centres
Window
Kitchen
Bathroom
12
13 The images provided in this document are intended as a guide and could be subject to change * All plans are based on concepts provided by the developer, are indicative only and are subject to change.
Bedroom
Example Floor Plans Studio Apartments
Storage
Investment Highlights Entrance
• Estimated annual NET rental return of 6% • Private student accommodation is a booming investment class • Built by experienced developer; X1 • Top-quality student accommodation right next to the University of Salford • Close to excellent public transport links • Walking distance to local shops, bars and restaurants • Within easy reach of Salford and Manchester City centres
Window
Kitchen
Bathroom
12
13 The images provided in this document are intended as a guide and could be subject to change * All plans are based on concepts provided by the developer, are indicative only and are subject to change.
MediaCityUK - Salford
“THERE ARE ALMOST 19,000 STUDENTS AT THE UNIVERSITY OF SALFORD”
Salford: A Thriving Student Hub
HESA
The city of Salford, neighbour to the larger city of Manchester, has come a long way in recent years and is now one of the most desirable places to live and work in the UK. The BBC chose to move to Salford in 2006 and, since then, investment has poured into the city. Today, Salford is a very important part of the larger Greater Manchester economy and a key player in the Government’s Northern Powerhouse scheme. The city has become known as a technology,
The migration of young professionals and
media and telecommunications hub centred
students to the North is a well-documented
on MediaCityUK, Europe’s first purpose-built
trend which looks set to continue into the
media hub and home to the BBC and ITV
foreseeable future. Students are enamoured
among others. Salford has been thrust into
with Salford and more and more young
the limelight and become a leader in the high-
people from all over the world are flocking to
tech and digital industries that will power the
the University of Salford every year to take
North of England in the coming years.
advantage of what the city has to offer.
ITV Studios at Salford Quays
14
15
MediaCityUK - Salford
“THERE ARE ALMOST 19,000 STUDENTS AT THE UNIVERSITY OF SALFORD”
Salford: A Thriving Student Hub
HESA
The city of Salford, neighbour to the larger city of Manchester, has come a long way in recent years and is now one of the most desirable places to live and work in the UK. The BBC chose to move to Salford in 2006 and, since then, investment has poured into the city. Today, Salford is a very important part of the larger Greater Manchester economy and a key player in the Government’s Northern Powerhouse scheme. The city has become known as a technology,
The migration of young professionals and
media and telecommunications hub centred
students to the North is a well-documented
on MediaCityUK, Europe’s first purpose-built
trend which looks set to continue into the
media hub and home to the BBC and ITV
foreseeable future. Students are enamoured
among others. Salford has been thrust into
with Salford and more and more young
the limelight and become a leader in the high-
people from all over the world are flocking to
tech and digital industries that will power the
the University of Salford every year to take
North of England in the coming years.
advantage of what the city has to offer.
ITV Studios at Salford Quays
14
15
Salford University Campus
University of Salford X1 The Campus possesses an enviable position right on the corner of the University of Salford Frederick Road Campus, just minutes from the River Irwell and Salford city centre. The University of Salford enjoys global
destination for students from home and
renown for both the quality of the education
abroad and will become even more so in
provided and the research undertaken
the future.
by its staff. The University is particularly well known for its work in engineering and advanced technology. Media and communication are also strong areas, with both going from strength to strength as a result of the University’s brand new media campus in the heart of MediaCityUK.
“THERE ARE CURRENTLY OVER 2.3 MILLION STUDENTS IN THE UK” HIGHER EDUCATION STATISTICS AGENCY
The University boasts a student population of almost 19,000, of which over 17,500 are not currently housed by the university – 93.04%. The 271 studio apartments in X1 The Campus will provide accommodation for 1.4% of the University’s currently unhoused population. Student numbers
A 20 year, multi-million pound plan
continue to grow year-on-year and, with the
to redevelop the University’s campus
acute supply and demand imbalance in the
environment and contribute to the
local area, students will be eager to live in
regeneration of the local area is currently
X1 The Campus.
underway. Salford is already a popular
16
17
Salford University Campus
University of Salford X1 The Campus possesses an enviable position right on the corner of the University of Salford Frederick Road Campus, just minutes from the River Irwell and Salford city centre. The University of Salford enjoys global
destination for students from home and
renown for both the quality of the education
abroad and will become even more so in
provided and the research undertaken
the future.
by its staff. The University is particularly well known for its work in engineering and advanced technology. Media and communication are also strong areas, with both going from strength to strength as a result of the University’s brand new media campus in the heart of MediaCityUK.
“THERE ARE CURRENTLY OVER 2.3 MILLION STUDENTS IN THE UK” HIGHER EDUCATION STATISTICS AGENCY
The University boasts a student population of almost 19,000, of which over 17,500 are not currently housed by the university – 93.04%. The 271 studio apartments in X1 The Campus will provide accommodation for 1.4% of the University’s currently unhoused population. Student numbers
A 20 year, multi-million pound plan
continue to grow year-on-year and, with the
to redevelop the University’s campus
acute supply and demand imbalance in the
environment and contribute to the
local area, students will be eager to live in
regeneration of the local area is currently
X1 The Campus.
underway. Salford is already a popular
16
17
Developer Profile
X1 Town Hall
Much like X1 The Campus, X1 Chapel Street is purpose built student
X1 Town Hall is a converted Grade II listed building which now contains 134
accommodation designed to serve the almost 19,000 students who call the
residential units for young professionals in the city of Salford.
University of Salford home.
Based in Liverpool, X1 are one of the North West’s premier developers with large scale developments in key growth areas such as Liverpool, Manchester, Salford and, most recently, Leeds. The X1 portfolio is stocked with instantly recognisable buildings which have helped change the face of the region.
18
X1 Chapel Street
X1 also operates an award winning lettings and management company – X1 Lettings – providing both residential and luxury student accommodation to the markets in Manchester and Liverpool. The lettings managers are friendly, enthusiastic and extremely knowledgeable and go above and beyond for both investors and residents.
X1 Lettings are proud to boast a 100% occupancy rate across all their sites, with the hundreds of happy residents providing evidence of their professionalism, knowledge and enthusiasm. The luxury student apartments are particularly popular and X1 are inundated every year with students who are eager to live in their top quality accommodation.
In June 2016 X1 Lettings won the Silver award for the Best Block Management Company at the prestigious Lettings Agent of the Year 2016 Awards, which is a testament to X1 Lettings’ dedication to providing the best possible service for both tenants and landlords alike.
X1 The Campus will be the latest in a long line of developments in Salford, and X1’s continued investment in the area speaks to the Salford’s appeal as an investment hotspot. Over the page are two Salford developments which have thrived in this booming market – X1 Town Hall and X1 Chapel Street.
Since completion, X1 Town Hall has proven to be one of X1’s most popular and
Comprised of 109 student apartments, this development is extremely popular and
successful developments for tenants and investors alike, thanks to the incredible
already fully booked for September 2016. The 100% occupancy rate speaks to the
standard of the apartments and the unique setting.
quality of the development and the service provided by X1 Lettings.
100% OCCUPANCY RATE ACROSS ALL X1 SITES
Launch Date - Q2 2013
Purchase Price - £54,950
Launch Date - Q3 2013
Purchase Price - £79,950
Completion Date - Q3 2014
Sale Price (2014) - £64,950
Completion Date - Q3 2015
Current Value - £105,000
Rental Yield - 8%
Avg Weekly Rent - £147.00
Rental Yield - 6%
Avg Monthly Rent - £720.00
[Sale price taken from studentpodshop.com, August 2014]
[Sale price taken from Intus Residential, June 2016]
Developer Profile
X1 Town Hall
Much like X1 The Campus, X1 Chapel Street is purpose built student
X1 Town Hall is a converted Grade II listed building which now contains 134
accommodation designed to serve the almost 19,000 students who call the
residential units for young professionals in the city of Salford.
University of Salford home.
Based in Liverpool, X1 are one of the North West’s premier developers with large scale developments in key growth areas such as Liverpool, Manchester, Salford and, most recently, Leeds. The X1 portfolio is stocked with instantly recognisable buildings which have helped change the face of the region.
18
X1 Chapel Street
X1 also operates an award winning lettings and management company – X1 Lettings – providing both residential and luxury student accommodation to the markets in Manchester and Liverpool. The lettings managers are friendly, enthusiastic and extremely knowledgeable and go above and beyond for both investors and residents.
X1 Lettings are proud to boast a 100% occupancy rate across all their sites, with the hundreds of happy residents providing evidence of their professionalism, knowledge and enthusiasm. The luxury student apartments are particularly popular and X1 are inundated every year with students who are eager to live in their top quality accommodation.
In June 2016 X1 Lettings won the Silver award for the Best Block Management Company at the prestigious Lettings Agent of the Year 2016 Awards, which is a testament to X1 Lettings’ dedication to providing the best possible service for both tenants and landlords alike.
X1 The Campus will be the latest in a long line of developments in Salford, and X1’s continued investment in the area speaks to the Salford’s appeal as an investment hotspot. Over the page are two Salford developments which have thrived in this booming market – X1 Town Hall and X1 Chapel Street.
Since completion, X1 Town Hall has proven to be one of X1’s most popular and
Comprised of 109 student apartments, this development is extremely popular and
successful developments for tenants and investors alike, thanks to the incredible
already fully booked for September 2016. The 100% occupancy rate speaks to the
standard of the apartments and the unique setting.
quality of the development and the service provided by X1 Lettings.
100% OCCUPANCY RATE ACROSS ALL X1 SITES
Launch Date - Q2 2013
Purchase Price - £54,950
Launch Date - Q3 2013
Purchase Price - £79,950
Completion Date - Q3 2014
Sale Price (2014) - £64,950
Completion Date - Q3 2015
Current Value - £105,000
Rental Yield - 8%
Avg Weekly Rent - £147.00
Rental Yield - 6%
Avg Monthly Rent - £720.00
[Sale price taken from studentpodshop.com, August 2014]
[Sale price taken from Intus Residential, June 2016]
Previous X1 Developments X1 Media City, Tower 3 Salford Quays AVAILABLE FOR SALE
X1 Eastbank Manchester SOLD OUT & IN CONSTRUCTION
The Courtyard at X1 The Quarter Liverpool SOLD OUT & TENANTED
X1 Chapel Street Manchester SOLD OUT & TENANTED
X1 Media City, Tower 1 & 2 Salford Quays SOLD OUT & IN CONSTRUCTION
X1 Salford Quays Phase 3 Manchester SOLD OUT & IN CONSTRUCTION
The Gallery at X1 The Quarter Liverpool SOLD OUT & TENANTED
X1 Salford Quays Phases 1 & 2 Manchester SOLD OUT & TENANTED
X1 The Plaza Manchester SOLD OUT & IN CONSTRUCTION
X1 The Exchange Manchester SOLD OUT & IN CONSTRUCTION
X1 The Edge Liverpool SOLD OUT & TENANTED
X1 Arndale House Liverpool SOLD OUT & TENANTED
X1 Aire Leeds AVAILABLE & IN CONSTRUCTION
X1 The Terrace at X1 The Quarter Liverpool AVAILABLE & IN CONSTRUCTION
X1 Liverpool One Phases 1 & 2 Liverpool SOLD OUT & TENANTED
X1 Borden Court Liverpool SOLD OUT & TENANTED
X1 Liverpool One Phase 3 Liverpool AVAILABLE & IN CONSTRUCTION
The Studios at X1 The Quarter Liverpool SOLD OUT & TENANTED
X1 Town Hall Manchester SOLD OUT & TENANTED
Questions Answered
Next Steps
Am I buying freehold or leasehold? 999 years leasehold
1. Speak to your designated Property Consultant 2. Choose your perfect apartment and pay the deposit
What is the address of the site? X1 The Campus, 30 Frederick Road, Salford, M6 6NY How much is the ground rent? £350 per annum What are the projected annual returns on this development? Rental returns are estimated at 6% NET annually
3. Both sets of solicitors are instructed, and the legal documents and sales pack sent out to you 4. Upon exchange of contract, 50% of the balance is payable 5. The remaining 50% of the balance is payable upon completion
When is my rental income paid? Quarterly in arrears, directly into your bank account Is there a management company in place? Yes. The award winning X1 Lettings will let and manage the development in its entirety Are there any restrictions if I want to sell? Yes, X1 The Campus is a student development, so the room must be sold as student accommodation
20
21
Previous X1 Developments X1 Media City, Tower 3 Salford Quays AVAILABLE FOR SALE
X1 Eastbank Manchester SOLD OUT & IN CONSTRUCTION
The Courtyard at X1 The Quarter Liverpool SOLD OUT & TENANTED
X1 Chapel Street Manchester SOLD OUT & TENANTED
X1 Media City, Tower 1 & 2 Salford Quays SOLD OUT & IN CONSTRUCTION
X1 Salford Quays Phase 3 Manchester SOLD OUT & IN CONSTRUCTION
The Gallery at X1 The Quarter Liverpool SOLD OUT & TENANTED
X1 Salford Quays Phases 1 & 2 Manchester SOLD OUT & TENANTED
X1 The Plaza Manchester SOLD OUT & IN CONSTRUCTION
X1 The Exchange Manchester SOLD OUT & IN CONSTRUCTION
X1 The Edge Liverpool SOLD OUT & TENANTED
X1 Arndale House Liverpool SOLD OUT & TENANTED
X1 Aire Leeds AVAILABLE & IN CONSTRUCTION
X1 The Terrace at X1 The Quarter Liverpool AVAILABLE & IN CONSTRUCTION
X1 Liverpool One Phases 1 & 2 Liverpool SOLD OUT & TENANTED
X1 Borden Court Liverpool SOLD OUT & TENANTED
X1 Liverpool One Phase 3 Liverpool AVAILABLE & IN CONSTRUCTION
The Studios at X1 The Quarter Liverpool SOLD OUT & TENANTED
X1 Town Hall Manchester SOLD OUT & TENANTED
Questions Answered
Next Steps
Am I buying freehold or leasehold? 999 years leasehold
1. Speak to your designated Property Consultant 2. Choose your perfect apartment and pay the deposit
What is the address of the site? X1 The Campus, 30 Frederick Road, Salford, M6 6NY How much is the ground rent? £350 per annum What are the projected annual returns on this development? Rental returns are estimated at 6% NET annually
3. Both sets of solicitors are instructed, and the legal documents and sales pack sent out to you 4. Upon exchange of contract, 50% of the balance is payable 5. The remaining 50% of the balance is payable upon completion
When is my rental income paid? Quarterly in arrears, directly into your bank account Is there a management company in place? Yes. The award winning X1 Lettings will let and manage the development in its entirety Are there any restrictions if I want to sell? Yes, X1 The Campus is a student development, so the room must be sold as student accommodation
20
21
0708-V5
The information contained within this document is intended as a general guide. This information does not constitute an offer or a contract and we (or anyone in our company) do not imply, make or give any representation, guarantee or warranty whatsoever relating to the terms contained within. Any intending investor must satisfy themselves as to the correctness of any of the statements, plans or images contained within. Images are for representational purposes only. The content contained within is correct adhering to the previous statement at the time of publishing.