Trafford Street, Chester, Cheshire, CH1

GBP 65,000
For Sale

Property Details

Property Type

Studio

Description

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

Key Features: • Generates £4,681 net rental income per year • Fully managed, hands free student investment • Experienced student management company in place • Close proximity to the University of Chester • ****Cash Buyers only*****

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 £145 per week, you can generate NET yields of up 7.2%. 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 is fully managed by StudentFM, one of the UK's foremost student property management companies. As such, this spacious student studio offers a hands free investment solution for clients.

Northgate Point - Investment Highlights Purchase prices from just £65,000 Generates £4,681 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

Location

Address

Trafford Street, Chester, Cheshire, CH1

City

Chester

Features and Finishes

Generates £4,681 net rental income per year, Fully managed, hands free student investment, Experienced student management company in place, Close proximity to the University of Chester, ****Cash Buyers only*****

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