According to CBRE, the UK is currently experiencing an unprecedented shortfall of more than 580,000 student rooms, creating exceptional demand for quality Purpose Built Student Accommodation. In 2023, the sector saw a record-breaking £3.9 billion invested, while national occupancy rates reached 98%, demonstrating the resilience and consistency of demand. Despite this, only 16,000 new rooms were delivered, intensifying the supply gap.

X1 Frederick Street represents the newest addition to X1’s established student accommodation portfolio, joining the success of X1 The Campus and the nearby X1 Cheltenham Place. Both developments have maintained full occupancy since opening, securing premium rental income with tenants paying on time and in full. This proven performance highlights X1’s ability to deliver high-quality, fully tenanted properties that provide investors with stable and reliable returns.

Key Facts

• Prices from  £162,950
• 999 Year Lease
• Student Accommodation
• 7% Gross Yield
• 10 Years Long Let
• Studio apartments
• Fully Furnished
• Rooftop Garden
• Residents Gym
• Excellent Transport Links

Why Choose This Area?

X1 Frederick Street has been thoughtfully created to meet the needs of students, graduates, and young professionals, becoming the newest addition to Salford’s growing residential community. Surrounded by other successful X1 developments, it continues the tradition of offering exceptional quality living alongside premium on-site amenities such as a private gym, laundry facilities, and secure bike storage.

Its location is both convenient and well-connected, just a short walk from Salford Crescent station and only ten minutes from Manchester city centre, while still providing a calm and welcoming environment. This balance of accessibility and comfort makes it an attractive choice for both residents and investors.