£44m student accommodation scheme completes to provide 353 apartments
Developer, X1, and Manchester-based investment specialist, Knight Knox, have completed X1 Cheltenham Place, a £44m luxury student accommodation scheme next to the University of Salford’s Frederick Road campus.
The scheme represents X1’s 11th student accommodation development in the North West.
The group has offices in Liverpool, Manchester and Leeds.
Knight Knox and X1 at the launch event
The completion was celebrated at an event at which X1, Knight Knox, Savills, Bridgestone, and Together Finance came together to launch the opening of X1 Cheltenham Place before students moved in.
The development comprises 353 apartments, including studio flats and larger studios. All units are fully furnished, boast premium fixtures, and offer all-inclusive bills.
It includes a fully equipped gym, bike storage, and repair facilities. Residents also benefit from the X1 Loyalty ECard, which offers exclusive discounts at local shops and eateries, along with free high-speed Wi-Fi for both work and leisure.
Samantha Jones, Marketing Director at Knight Knox, said: “We’re thrilled to see the completion of X1 Cheltenham Place – another luxury offering from X1 for students in Salford. Knight Knox has worked with X1 exclusively since 2012, bringing over 5,000 student and residential apartments to market in cities across the North West.
X1 Cheltenham Place
“We are looking forward to the launch of Phase 2 once planning permission has been granted, which will allow us to continue to deliver high quality student accommodation to our investors.”
Nick Sweeney, Chief Executive X1, said: “Today marks a significant milestone with the official opening of X1 Cheltenham Place.
“Situated in a strategic area with excellent accessibility for both students and working professionals, the building combines convenience with modern living, making it an ideal choice for residents.”
He added: “We have high hopes for the planning approval of our next project and look forward to working alongside Knight Knox again to bring another development to market.”
