£49,500
Studio flat for sale
Trafford Street, Chester CH1
studio Flat Property description
High yielding and fully managed student studio for sale in the heart of Chester city centre, offering close proximity to the local university which is home to over 19,000 students. The apartment is fully tenanted for the new academic year at £157.00 per week, and offers investors a generous 8.25% net yield per annum.
Pure Investor are delighted to present Northgate Studios, a luxury student development, ideally located in the growing economy of Chester. This spacious student studio is fully managed by one of the UK's leading student property management companies, and as such offers investors a genuinely hands free investment opportunity.
Northgate Point & Northgate Studios 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.
The units are self-contained studios with an en-suite bathroom, bedroom area, study area, bespoke kitchen and living area. Currently tenanted up to £145 per week, you can generate NET yields of up 8.25%.
Studio 98 - Investment Breakdown
Purchase Price: £49,500.00
Ground Rent: £300 per annum
Service Charge: £2,085.87
Management Fee: £905.00
Gross Rental: £7,395 (51 weeks)
Net Rental: £4,084.00 (8.25%)
Tenanted at £145 p.w. until Aug 2025
Pure Investor are delighted to present Northgate Studios, a luxury student development, ideally located in the growing economy of Chester. This spacious student studio is fully managed by one of the UK's leading student property management companies, and as such offers investors a genuinely hands free investment opportunity.
Northgate Point & Northgate Studios 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.
The units are self-contained studios with an en-suite bathroom, bedroom area, study area, bespoke kitchen and living area. Currently tenanted up to £145 per week, you can generate NET yields of up 8.25%.
Studio 98 - Investment Breakdown
Purchase Price: £49,500.00
Ground Rent: £300 per annum
Service Charge: £2,085.87
Management Fee: £905.00
Gross Rental: £7,395 (51 weeks)
Net Rental: £4,084.00 (8.25%)
Tenanted at £145 p.w. until Aug 2025
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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
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Trafford Street, Chester CH1 - Streetview
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