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Studio Flat For Sale £63,500
Trafford Street, Chester CH1


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


Follow the link for more information:
        
onthemarket.com

  
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