Studio for sale

1 Chronicle House, Commonhall Street, Chester CH1

1 Chronicle House, Commonhall Street, Chester, CH1 2Ab

Attention investors - high yielding and hands off student investment property! Premium studio apartment in the heart of student hotspot Chester.

We are pleased to present this chance to invest in a fully furnished studio apartment in the heart of the student hotspot Chester, generating an outstanding return in the region of 9% net.

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: £11,220.00
Net income: £5,422.46
Gross yield: 23.38%
Net yield: 11.3%
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-08482