Trafford Street, Chester, Cheshire, CH1

Property Details: • Type: Studio • Tenure: N/A • Floor Area: N/A

Key Features: • Tenanted at £189.00 per week • 9.0% NET rental yield • Fully managed and hands free investment • Leading student management company in place

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 125 Deansgate, Manchester, M3 2LH

Full Description: Pure Investor are delighted to present the hugely popular Northgate Point student development in Chester city centre.

The units are self-contained studios with an en-suite bathroom, bedroom area, study area, bespoke kitchen and living area. Currently tenanted at £189 per week (NEW TENANCY CONFIRMED UNTIL AUGUST 2025 FOR 51 WEEKS), you can generate NET yields of up 9.0%.

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.

Unit 113 - £57,950.00 Fully managed and hands-free property Tenancy - 51 weeks at £189.00 per week Gross annual rental income - £9,639.00 per year Annual service charge - £2,966.60 per year Management fee of 9.9% + VAT = £1,145.11 Ground rent - £311.88 per year Net annual rental income - £5,215.41 High Net yield 9.0% per annum