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Property Listing Details

Features

  • 1 bathroom
  • Leasehold
  • 8% Rental Yields
  • Student Property Investment
  • Games Rooms
  • Group Study Areas
  • Cycle Storage
  • Bespoke Kitchens
  • Self-Contained Studios
  • Parking Available
  • En-suite Bathroom

Description

For Investment Purposes Only – 8% rental yields

The site is in a prime central location within ten minutes’ walk from the University of Chester’s campus. It is also within walking distance of Chester railway station and the high-street shops, bars and restaurants.

Local amenities are within easy reach from the development; the University, train station, city centre, local supermarket, theatre and leisure centre are all less than 700 metres away. Also, the area is well connected to key destinations by a comprehensive network of pedestrian and bus routes.

Northgate Studios will provide individually-designed luxury apartments for the next generation of UK and overseas students living in Chester. The development comprises six floors, with the fifth floor set back from Trafford Street.

Of unrivalled standards, Northgate Studios will feature a total of 150 student studio apartments ranging in size from 20 square metres to 36 square metres. Each unit is designed to match the current demand for high-quality accommodation and will include en-suite bathrooms; bespoke kitchens with contemporary appliances; living, study and sleeping areas. Additionally, residents will benefit from bicycle storage, group study areas, laundry facilities, secure door-opening systems and a manned reception.

Northgate Studios will be fully managed by an experienced management company, providing buyers with a hands-off yet high-return investment opportunity. The Net return on investment over five years stands at 40 percent; eight percent yields are assured for five years, and buyers can benefit from an interest rate of five percent during the construction process.

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Chester Blue Coat Church of England Primary School 0.3 miles
  • University Church Free School 0.5 miles
  • Chester 0.4 miles
  • Bache 0.9 miles

Price history

Sold prices provided by Land Registry
9th Oct 2017 £79,500 First listed

Running costs

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Property descriptions and related information displayed on this page are marketing materials provided by Gower & Mae. 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 Gower & Mae for full details and further information.