Chapel Street, M31-bed flat for sale in Sales

About this property

X1 Chapel Street – Investment Studio / Cluster Bedroom (Unit 402)

Student Accommodation Investment | Fully Managed | Tenant in Situ

Unit 402 – Double En-Suite Bedroom within a 6-Bed Cluster Apartment
4th Floor | Fully Furnished | Secure Tenant

Investment Details

This listing is for one en-suite bedroom within a six-bedroom cluster apartment, situated in the highly sought-after X1 Chapel Street development. The property is currently let on a fixed-term tenancy until 03/08/2026, providing a secure, hands-off investment from day one.

Current rental income:
£2,400 paid three times per year in line with student loan dates
= £7,200 gross annual income

Lettings fee: 9% + VAT
Gross yield: 22.5%
Net yield: 4.29% (after costs)

Annual Costs
Lettings fee (9% + VAT): £777.60
Service charge: £4,800 per annum
Ground rent: £250 per annum
Property Features (Bedroom & Development)
Double bedroom
En-suite bathroom (shower, WC, basin)
Private study area with desk and chair
Fully furnished and ready to let
Shared kitchen within the cluster
On-site laundry facilities
On-site gym
CCTV & secure access
Restrictions
Not suitable for Airbnb or short-term lets
No pets permitted (as per lease)
Location Benefits
Prime location with excellent transport links across Liverpool
Close to all major universities
Highly attractive to student tenants seeking modern accommodation
Additional Information

Please note that the marketing images shown are of a similar unit within the development, as the property is currently tenanted. Actual images can be provided upon request, and viewings can be arranged once the auction listing is live.

Summary

A turnkey, fully managed investment opportunity with a secure tenant in place. Ideal for cash buyers seeking a low-maintenance asset with consistent rental income.

This property is for sale by Traditional Auction. Exchange takes place immediately with completion within 28 days. The buyer
pays a 10% (of the purchase price) Non-Refundable Deposit on exchange. Interested parties’ personal data will be shared
with the Auctioneer (iamsold Ltd).
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the
most recent information on the Buyer Information Pack fee, please contact the iamsold team.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

Map