Studio Flat For Sale £57,500
Northgate Point, Trafford Street, Chester, Cheshire CH1

**please note! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

This fantastic studio apartment comprises of; entrance hallway leading to a spacious lounge with double glazed window to the front; fully fitted kitchen with all appliances included; three piece bathroom with shower. The apartments is on the first floor and comes fully furnished.

Northgate Point is located on Commonhall Street in the centre of Chester, within the old city walls. The city’s impressive shopping areas and the University of Chester are only a few minutes’ walk away from the development, making it extremely attractive to student tenants looking for a great university lifestyle experience.

Chester has had one of the fastest growing housing markets in recent years – in 2015 demand for housing rose by 164%! House prices in the area have also seen a significant rise, with a 20% increase in prices over the last 5 years (Zoopla – October 2018) makes for a lucrative investment opportunity in Chronicle House!

Financial Breakdown

Assured rent: £6,000
Ground rent: Included*
Service charge: Included*
Lettings fees: Included
Assured income: £6,000
Assured until: Aug 2021
Assured yield: 10.43%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-15539