Chronicle House, Commonhall Street, Chester, CH1 2AB
Size: 18 sqm
Purchase price
£47,500
Size: 18 sqm
Tenanted
Gross rent | £6,885 |
Ground rent | £250 |
Service charge | £2,390 |
Lettings fees | £909 |
Net income | £3,336 |
Gross yield | 14.49% |
Net yield | 7.02% |
EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - CASH BUYERS ONLY! Extremely popular student development let for this academic year to Aug 2021! Perfect hassle free investment offering great returns.
**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!
Cash investment opportunity with a 7.02% NET return in Chronicle House - offering students quality and contemporary living in the heart of Chester City Centre.
We are pleased to present this chance to invest in a fully furnished self-contained premium double studio in Chester located minutes from the well-regarded institution – The University of Chester. This unit has recently benefited from an upgraded furniture package. This includes a double bed, a smart tv, full length mirror, electric kettle, extra clothes hanging facility and a toaster.
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 has had one of the fastest growing housing markets in recent years – in 2015 demand for housing rose by 164%! House prices in the area have also seen a significant rise, with a 22% increase in prices over the last 5 years (Zoopla – January 2021) makes for a lucrative investment opportunity in Chronicle House!
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
Interested in this property? Enquire today for more information
Key features
Earn instant income
Studio apartment
First floor
Fully furnished
Onsite gymnasium
Communal areas
Excellent location
Great transport links
Shops, bars and amenities nearby
Close to university
EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - CASH BUYERS ONLY! Extremely popular student development let for this academic year to Aug 2021! Perfect hassle free investment offering great returns. More info... Less info...
**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!
Cash investment opportunity with a 7.02% NET return in Chronicle House - offering students quality and contemporary living in the heart of Chester City Centre.
We are pleased to present this chance to invest in a fully furnished self-contained premium double studio in Chester located minutes from the well-regarded institution – The University of Chester. This unit has recently benefited from an upgraded furniture package. This includes a double bed, a smart tv, full length mirror, electric kettle, extra clothes hanging facility and a toaster.
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 has had one of the fastest growing housing markets in recent years – in 2015 demand for housing rose by 164%! House prices in the area have also seen a significant rise, with a 22% increase in prices over the last 5 years (Zoopla – January 2021) makes for a lucrative investment opportunity in Chronicle House!
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
*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.
Gross rent | £6,885 |
Ground rent | £250 |
Service charge | £2,390 |
Lettings fees | £909 |
Net income | £3,336 |
Gross yield | 14.49% |
Net yield | 7.02% |
*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.
Not to worry though, the Professor has picked out some similar properties that you might be interested in
Beresford Avenue, Bolton, Greater Manchester, BL3 5QD
Annual rent | £6,600 |
Net yield | 4.40% |
Chronicle House, Commonhall Street, Chester, CH1 2AB
Annual rent | £3,336 |
Net yield | 7.02% |
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yieldit is a company registered in England and Wales. Registered number: 5236745.