Studio for sale in Trafford Street, Chester CH1
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Property features
- Generates £4,378 net rental income per year
- Fully managed, hands free student investment
- Experienced student management company in place
Property description
The units are self-contained studios with an en-suite bathroom, bedroom area, study area, bespoke kitchen and living area. Currently tenanted at £145 per week, you can generate net yields of up 6.8%. An experienced and highly professional student property management company (StudentFM) manage the building, and as such this is hands free investment opportunity.
Northgate Point provides individually-designed luxury studio apartments for UK and overseas students living in Chester. The spacious contemporary studios have been designed with students in mind with floor-to-ceiling windows to optimise natural light and separate living, study and sleeping areas.
Northgate Point - Investment Highlights
Purchase prices from just £63,500
Generates £4,378 net rental income per year
Currently awaiting confirmation on new tenancy for 2023-24
Perfectly located in Chester city centre
Completed development since 2016
700 meters to University Campus - ideal location for students!
Close to local amenities
Fully-equipped kitchen facilities and modern designed shower rooms
24/7 security
For more information about this property, please contact
Pure, M34 on +44 161 937 0434 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Pure, and do not constitute property particulars. Please contact Pure for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.