£63,500
Est. Mortgage £290 per month*
Studio flat for sale
Trafford Street, Chester CH1
studio Flat Property description
Spacious, tenanted student studio for sale in the hugely popular Northgate Point student development in Chester city centre. Generates £4,378 net rental income per year (6.8% net rental yield). 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 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
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
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Council tax
First listed
Over a month agoTrafford Street, Chester CH1
Marketed by
Pure Investor - Pure investor The Forum Tameside Business Park, Windmill Lane, Denton, Manchester M34 3QSCall agent on 0161 506 6487
Placebuzz mortgage repayment calculator
Monthly repayment
£290
We think you can borrowAdd your household income
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Trafford Street, Chester CH1 - Streetview
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