Studio apartment for sale

Chronicle House, Commonhall Street

Full description

Size: 20 sqm

TENANTED FOR THE NEXT ACADEMIC YEAR FOR 51 WEEKS! Amazing student investment opportunity in the heart of Chester with 7.23% NET yields! Enquire Today more info...

The current vendor also managed to let for the 7 weeks of which the units are empty over the summer for, £150 per week!

​Chronicle House is a state-of-the-art property in the heart of Chester, perfectly designed with its student tenants in mind. As well as high-end communal areas such as a private gym and common room to allow residents a place to relax, unwind and socialise, this development also offers privacy and luxury in the form of stunning private studio apartments.

Chronicle House boasts spacious studio apartments, ample floor-space, bespoke fixtures and furnishings, a private en-suite bathroom and a designated study area.

However, it’s not just the on-site facilities that make Chronicle House so popular with its student tenants—this student hub is perfectly situated in the heart of Chester, just a stone’s throw away away from the shops, bars, restaurants and cafes of Chester city centre, as well as a short walk to the University of Chester.

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. Images used for indicative purposes.

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Key features

Key features Let For The Next Academic Year 18/19 7.83% NET
Key features Successfully Let Throughout The Summer
Key features Premium Studio Apartment
Key features Fully Furnished Studio With Kitchenette
Key features Situated In The Heart Of Chester City Centre
Key features Walking Distance To The University Of Chester
Key features Onsite Gymnasium & Communal Entertainment Room
Key features Concierge Service, CCTV & Laundry Facilities
Key features Let and Managed by Experienced Agent
Key features Modern Interior

Financial Performance*

Purchase price £59,995
Gross rent £7,800
Ground rent £250
Service charge £2,228
Lettings fees £624
Net income £4,698
Gross yield 13%
Net yield 7.83%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Studio apartment for sale

Chronicle House, Commonhall Street,

Purchase price £59,995
Gross rent £7,800
Ground rent £250
Service charge £2,228
Lettings fees £624
Net income £4,698
Gross yield 13%
Net yield 7.83%

Full description

TENANTED FOR THE NEXT ACADEMIC YEAR FOR 51 WEEKS! Amazing student investment opportunity in the heart of Chester with 7.23% NET yields! Enquire Today more info...

The current vendor also managed to let for the 7 weeks of which the units are empty over the summer for, £150 per week!

​Chronicle House is a state-of-the-art property in the heart of Chester, perfectly designed with its student tenants in mind. As well as high-end communal areas such as a private gym and common room to allow residents a place to relax, unwind and socialise, this development also offers privacy and luxury in the form of stunning private studio apartments.

Chronicle House boasts spacious studio apartments, ample floor-space, bespoke fixtures and furnishings, a private en-suite bathroom and a designated study area.

However, it’s not just the on-site facilities that make Chronicle House so popular with its student tenants—this student hub is perfectly situated in the heart of Chester, just a stone’s throw away away from the shops, bars, restaurants and cafes of Chester city centre, as well as a short walk to the University of Chester.

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. Images used for indicative purposes.

Key features

TicksLet For The Next Academic Year 18/19 7.83% NET
TicksSuccessfully Let Throughout The Summer
TicksPremium Studio Apartment
TicksFully Furnished Studio With Kitchenette
TicksSituated In The Heart Of Chester City Centre
TicksWalking Distance To The University Of Chester
TicksOnsite Gymnasium & Communal Entertainment Room
TicksConcierge Service, CCTV & Laundry Facilities
TicksLet and Managed by Experienced Agent
TicksModern Interior

Amenities

Bicycle Storage Bicycle Storage
Bus Bus
City Centre City Centre
Close To Public Transport Close To Public Transport

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.