X1 Frederick Street
Manchester
X1 Frederick Street offers a collection of modern studio apartments in the heart of Salford’s culture and education district.
Located next to the highly successful X1 Cheltenham Place and X1 The Campus, which both boast 100% occupancy, X1 Frederick Street will meet the continued demand for excellent quality, well-connected living space.
As the perfect space for professionals at all stages in their career, these apartments provide a seamless transition from education to the workplace without having to move home in the process.
WHY INVEST IN X1 FREDERICK STREET
According to CBRE, the UK is facing an unprecedented shortfall of over 580,000 student rooms, creating a high-demand environment for quality Purpose Built Student Accommodation (PBSA).
Last year marked a record-breaking year, with £3.9 billion invested in PBSA and the national occupancy rate reaching 98%, proof that demand remains consistent. However, only 16,000 new rooms were delivered, further exacerbating the short fall.
X1 Frederick Street is the latest addition to X1’s thriving PBSA portfolio that already includes the highly successful X1 The Campus and the neighbouring X1 Cheltenham Place. Both properties boast 100% tenancy since officially opening, commanding top-end rents paid on time and in full – delivering consistent, hassle-free returns for investors.
Key Features
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Key Regeneration Areas In Manchester
NOMA - Manchester
A thriving mixed-use community in the heart of Manchester City Centre. Comprised of retail, hospitality, commercial and residential spaces, it’s now the largest redevelopment scheme in Manchester.
MediaCityUK / MediaCity Phase 2
As the region’s most ambitious regeneration project, MediaCityUK houses some of the UK’s finest creative and leading businesses across a 200-acre complex.
Trafford Centre
The UK’s third largest shopping centre, The Trafford Centre is home to leading retail brands, bars & restaurants and Sea Life Manchester. It welcomes 35 million visitors annually
Northern Quarter
Home to independent fashion stores, record shops, bars and restaurants, The Northern Quarter is bursting with authentic character. Despite extensive regeneration, the region has remained its individuality and rich history.
About this developer
Incorporated in 2009, X1 has grown sustainably within our business model. We are delivering some of the largest residential developments in the North West and are very clear about our core business; we plan and deliver fantastic buildings, creating sustainable and enjoyable places to live.
X1 have carefully forged strong and long standing relationships with our partners and wider stakeholders– local authorities, land agents, delivery partners, consultants and contractors.
We are here for the long term, and we want to continually improve.
Key facts
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