Page main header

Skip to main content
Close main menu
Open main menu

Property Listing Details

Property details

  • 1 bathroom

Listing view statistics

Last 30 days: 142 page views

Since listed: 1724 page views

Description

Cash investment opportunity with a 6.19% net return in Chronicle House - offering students quality and contemporary living in the heart of Chester City Centre.

We are pleased to present this chance to invest in a fully furnished self-contained premium single studio in Chester located minutes from the well-regarded institution – The University of Chester.

The studio features a large living space and has been finished to the highest standard. The on-site amenities such as a gymnasium, game room, cinema room and secure bicycle storage continues to make the development a popular choice with the students in the area

Chronicle House 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 is a beautiful historic city, situated close to Liverpool, Manchester and the Welsh border, this ancient city has excellent transport links, an interesting mix of heritage and culture, and plenty of opportunities to attract workers, students and investors. In addition, 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!

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Financial Breakdown

Gross rent: £6,270
Ground rent: £250
Service charge: £2,016
Lettings fees: £602
Net income: £3,402
Gross yield: 11.4%
Net yield: 6.19%

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-0560

Map & Nearby

Local Amenities

  • Chester 0.8 miles
  • Bache 1.4 miles
  • The Queen's School 0.2 miles
  • University Church Free School 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Chester 0.8 miles
  • Bache 1.4 miles
  • The Queen's School 0.2 miles
  • University Church Free School 0.4 miles

Market stats

Sale activity

Average estimated value for a flat in CH1:

  • £189,602
  • Price increase

  • £1,843
  • (0.982%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £165,642
  • Properties sold

    89

Rental opportunities

Not known

Recent sales nearby

See all recent sales in CH1
Switch to next tab

Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Developer

Price history

Sold prices provided by Land Registry
17th Aug 2018 £54,995 First listed

Want an expert valuation of your home?

Book an agent valuation
Property descriptions and related information displayed on this page are marketing materials provided by Yieldit. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Yieldit for full details and further information.