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Studio Flat For Sale £42,500
Commonhall Street, Chester CH1


Description
Located within the city walls, students at Chronicle House have the city’s picturesque cathedral and famous shopping rows on their doorstep. The University of Chester is just a 20 minute walk from the building, or just 7 minutes for those who enjoy to bike (Chronicle House has bike storage).

Chronicle House is home to 61 students each year, offering a range of studios including our budget-friendly Single Bed Studios from just £130 per week, to our spacious deluxe apartments. Perfect for both undergraduate and postgraduate students.

Chronicle House - Investment Breakdown For Unit 1.19
Gross rental income: 44 weeks x £162.50 = £7,150.00
Lettings fees - £772.20
Annual service charge - £3,332.36
Annual Ground Rent - £281.72
£2,764.44 net rental income
6.3% net yield per annum

Chronicle House - Investment Breakdown For Unit 22
Gross rental income: 51 weeks x £130.00 = £6,630.00
Lettings fees - £716.00
Annual service charge - £2,776.96
Annual Ground Rent - £281.00
£2,857.00 net rental income
6.7% net yield per annum

Chronicle House - Communal Facilities
Gym
Social Area
Laundry Room
Free Wifi
Accommodation Team
Bike Storage
Smart TV's
Bill Included

Reservation and Purchase Process
Complete a reservation form to secure the unit
Pay a £2,000 non-refundable reservation fee
Solicitors instructed
Balance due on completion (less reservation fee paid)

Follow the link for more information:
        
zoopla.co.uk

  
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