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
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