Skip to main content Skip to footer

Studio for sale

£90,888 From

Trafford Street, Chester CH1

1 1

Images may include optional upgrades at additional cost

Interested in this property? Call +44 20 7768 0120 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • 8% net rental yield assured for 5 years
  • Unrivalled demand: Only 50% of 1st year students can be housed by the university
  • Prime Location: Just 200m from Chester City Centre
  • The latest launch by the multi-award winning Property Alliance Group
  • Individually-designed luxury studio apartments starting at just £72-888
  • 100% hands off investment – Fully-managed by leading UK property management comp
  • Cash Investment: Only 121 units available- completion summer 2016
  • 6% pa interest paid on monies received after Exchange of Contracts – limited tim

Property description

*cash buyers/investment only

Chester University is one of the oldest English higher education establishments of any kind, pre-dating all but Oxford, Cambridge, London and Durham. However there are only approximately 1,700 university-run beds. This isn’t even enough to accommodate those in their first year of studies. This severe under-supply will persist for the foreseeable future, especially given the growing number of applications and places at the university. To help put it into perspective, in 2000-01 the institution only had 6,960 students, and this has since increased by over 1060 students per year to now cater to over 16,000 students! Meaning Chester University now has nine people clambering for every one university space!

The University finds it draws in students from the United Kingdom, Europe and overseas, particularly France, Germany, Spain, Finland, Australia, the United States, India, China, Nigeria, Georgia, Turkey, Kazakhstan, Pakistan, Thailand, Saudi Arabia and Malaysia. But of course it isn’t limited to these countries.

These days it is becoming more evident that students are looking for high quality new build apartments and are happy to spend more for prime locations with easy access to the universities.

Northgate Point will cater to and exceed the needs of the growing number of students, providing individually-designed luxury studio apartments for the next generation of UK and overseas students living in Chester. Each unit is designed to match the current market demand for high-spec accommodation, and includes: En-Suite bathrooms, bespoke kitchenettes with contemporary appliances, coupled with modern living, study and sleeping areas.

The site is located in a prime central location, which is within 10 minutes walk of the University of Chester Campus. This combined with the fact that the site is within walking distance of Chester Railway Station and the high street shops and bars of Chester City Centre are only 200 meters away makes it an ideal site for student accommodation and investment.

With no other student accommodation development in Chester offering the same level of quality and planning permission notoriously hard to obtain, Northgate Point will provide a high standard of living for students for years to come and a university life experience like no other. Managed by an experienced management company means you will be left with a 100% hands-off income generating investment. Fill out the form today to enquire about available units as units in Chester are never available for long.
Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £200,189 Sales 364 Current average value £207,624 (Zoopla Zed-Index) Value change £4,069 ▲ 2.00%

Property value data/graphs for CH1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £337,545 £235 3.6 £341,293
Semi-detached £181,071 £205 3.0 £175,755
Terraced £185,644 £229 2.9 £176,012
Flats £182,558 £259 1.8 £156,928

Current asking prices in CH1

Average: £181,109
Avg. current asking prices in CH1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £134,975
(2)
£176,165
(17)
£216,994
(35)
£361,158
(19)
£590,000
(6)
Flats £80,444
(64)
£175,283
(56)
£205,833
(6)
- -
All £82,097
(66)
£175,488
(73)
£215,361
(41)
£361,158
(19)
£590,000
(6)

Current asking rents in CH1

Average: £759 pcm
Avg. current asking prices in CH1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £434 pcm
(8)
£705 pcm
(6)
£942 pcm
(11)
£1,096 pcm
(2)
£1,907 pcm
(1)
Flats £579 pcm
(31)
£908 pcm
(19)
£1,117 pcm
(3)
- -
All £549 pcm
(39)
£859 pcm
(25)
£979 pcm
(14)
£1,096 pcm
(2)
£1,907 pcm
(1)

Fun facts for CH1

Highest value in CH1
Highest value streets Zed-Index
Townfield Lane £667,462
Grove Road £597,127
Nuns Road £526,984
The Groves £506,786
Parkgate Road £495,036
Highest turnover in CH1
Highest turnover streets Turnover
Deeside Lane 50.0%
Union Street 49.2%
Knightsbridge Court 48.0%
Shipgate Street 46.7%
Waterside View 45.2%

What Zoopla users think of Chester

Overall rating:

  • currently 4 stars
Very good - 82% (77 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Chester:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Chester (0.4 miles)
  • Bache (0.9 miles)
  • Capenhurst (4.9 miles)
  • Liverpool John Lennon Airport (9.6 miles)
  • Manchester International Airport (27.6 miles)
  • Blackpool International Airport (40.2 miles)
  • Woodside Birkenhead Ferry Terminal (14.6 miles)
  • Liverpool Pier Head Ferry Terminal (15.1 miles)
  • Liverpool Isle of Man & Dublin Terminal (15.2 miles)

Nearby schools

View all schools in Cheshire West and Chester
  • Chester Blue Coat Church of England Primary School (0.3 miles)
  • University Church Free School (0.5 miles)
  • St Werburgh's and St Columba's Catholic Primary School (0.7 miles)
  • West Cheshire College (5.8 miles)
  • Hope Corner Academy (11.1 miles)
  • Liverpool College International (12.9 miles)
  • The Queen's School (0.5 miles)
  • Queen's Park High School (0.9 miles)
  • Dorin Park School & Specialist SEN College (1.2 miles)
Note: Distances are straight line measurements

Local info for Cheshire West and Chester

About the neighbours in CH1

AskMe Q&A for Cheshire West and Chester

Ask a question

See all AskMe Q&A in Cheshire West and Chester

For more information about this property, please contact
Aspen Woolf, N1 on +44 20 7768 0120 * (local rate)

Monthly running costs Beta

£524 Monthly total
Mortgage
Purchase price
Deposit (10%) 9,088
Repayment term 25
Interest rate 1.5
Your payment £327 /mo How Much Could I Borrow

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.

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

Home Insurance Rebuild value up to £1,000,000 Contents value up to £40,000 Average insurance cost £13/mo (£158/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £19 Electricity £27 Estimated energy cost £46/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5700 kWh/year
Electricity: 1900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Cheshire West and Chester

Estimated tax band A Council tax cost £110 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £13 Sewerage £15 Estimated water cost £28 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Aspen Woolf about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Aspen Woolf, and do not constitute property particulars. Please contact Aspen Woolf for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Properties on the market nearby

14 more properties like this

View all Trafford Street new homes for sale