Global Investment Property is pleased to highlight the completion of X1 Cheltenham Place, a prestigious £44m luxury student accommodation development situated next to the University of Salford’s Frederick Road campus. This milestone represents a significant step forward in premium student housing and showcases the expertise of Knight Knox in the investment property sector.
The opening event, hosted by X1, welcomed key industry figures, including representatives from Savills, Bridgestone, and Together Finance, to celebrate this exciting development.
Setting a New Standard in Student Accommodation
X1 Cheltenham Place is X1’s 12th student accommodation development in the North West, solidifying their reputation for delivering high-quality living spaces. The development consists of 353 fully furnished apartments, ranging from compact studio flats to more spacious studio options, all finished with premium fixtures to ensure maximum comfort for residents.
The development is designed with student needs in mind, offering a range of outstanding amenities, including a fully equipped gym, secure bike storage and repair facilities, and high-speed Wi-Fi. It’s more than just accommodation; it’s a modern and convenient lifestyle tailored for students.
Industry Leaders on X1 Cheltenham Place
Samantha Jones, Marketing Director at Knight Knox, commented: “The completion of X1 Cheltenham Place is a fantastic achievement and another exceptional addition to X1’s portfolio. Since 2012, Knight Knox has partnered exclusively with X1, bringing over 5,000 student and residential apartments to market in key North West cities.”
She added, “We eagerly anticipate the launch of Phase 2 once planning permission is secured, ensuring we continue delivering top-tier student accommodation opportunities to investors.”
Nick Sweeney, Chief Executive of X1, shared his enthusiasm: “The official opening of X1 Cheltenham Place is a proud moment for us. Strategically located near the University of Salford, it perfectly blends convenience with contemporary living, making it a prime choice for students and professionals alike.”
He continued, “We are optimistic about the approval of our next project and look forward to collaborating with Knight Knox once again to bring another exceptional development to market.”
A Proven Investment Opportunity
With over 20 years of expertise in property investment, Knight Knox continues to present high-quality investment opportunities. X1 Cheltenham Place is a prime example of a well-positioned, high-demand asset that offers investors strong rental yields and long-term security in the ever-growing student accommodation market.
As Knight Knox prepares for the next phase of this development, Global Investment Property is excited to see how their ongoing collaboration with X1 will shape the future of student housing. Investors can look forward to more premium opportunities in the months ahead.
