£45,000
Studio for saleChronicle House, Common Hall Street, Chester CH1
1 bath
1 reception
EPC Rating: C
- Leasehold
Yieldit
.png)
About this property
Invest in high yielding student accommodation
Popular development
Ideal location
Fantastic yield over 9% net
Self contained studio apartment
Fully furnished
Equipped with kitchenette and ensuite
Tenanted until August 2025
Chronicle House, Common Hall Street, Chester, CH1 2Ab
We are pleased to present this chance to invest in a fully furnished premium student apartment in the centre of Chester. The property is tenanted so you can enjoy immediate income from completion and with a rental yield near 10% net this property is sure to not be available for long, so enquire early to avoid disappointment.
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 old city and it is no surprise that many prospective students choose to spend their university years there. There is a lack of high quality student accommodation in the city however, which makes developments such as Chronicle House stand out from the competition. Don't miss out on this incredible investment opportunity and enquire today!
Financial Breakdown
Gross Rent: £9,945.00
Net income: £4,340.88
Gross yield: 28.41%
Net yield: 12.4%
Please contact agent for full financial breakdown.
Important note to purchasers: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08109
Zoopla insights
Sign in and gain expert analysis to make informed decisions.
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
More information
Tenure
Leasehold (239 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review