Studio apartment

Chronicle House, Commonhall Street

Size: 18 sqm

Purchase price

£47,500

Size: 18 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,490
Ground rent £250
Service charge £2,390
Lettings fees £856
Net income £2,994
Gross yield 13.66%
Net yield 6.30%

**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, these properties are not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

Cash investment opportunities available with strong NET yields at Chronicle House - offering students quality and contemporary living in the heart of Chester City Centre.

We are pleased to present a number of fully furnished self-contained premium double studios in Chester located minutes from the well-regarded institution – The University of Chester.

The studios feature a large living space and have been finished to the highest standard. The on-site amenities such as a gymnasium, game room, cinema room and secure bicycle storage continue to make the development a popular choice with students in the area. Managed by a well-renowned student lettings organisation, the development is fully let for this academic year.

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 one of the fastest growing housing markets in the country; prices in the area are seeing a significant rise, with a 22% increase over the last 5 years (Zoopla – January 2021) makes for a lucrative investment opportunity in Chronicle House!

Interested? Take a look at the financial projections below based on a ground floor studio. We have a number of investment opportunites available in this development, so please contact us today to request a full breakdown.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

EARN INSTANT INCOME ON ALREADY TENANTED INVESTMENT OPPORTUNITIES - Popular student development in the beautiful historic town of Chester with strong NET Yields; various units available. FULLY LET FOR 21/22 ACADEMIC YEAR

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

Multiple units available

Key features

Close to The University of Chester

Key features

Studio apartments

Key features

Fully furnished

Key features

Excellent location in the heart of the city centre

Key features

Great transport links

Key features

Development fully let for 21/22

Key features

Shops, bars and amenities nearby

Key features

Onsite gymnasium and communal areas

EARN INSTANT INCOME ON ALREADY TENANTED INVESTMENT OPPORTUNITIES - Popular student development in the beautiful historic town of Chester with strong NET Yields; various units available. FULLY LET FOR 21/22 ACADEMIC YEAR More info...

**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, these properties are not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

Cash investment opportunities available with strong NET yields at Chronicle House - offering students quality and contemporary living in the heart of Chester City Centre.

We are pleased to present a number of fully furnished self-contained premium double studios in Chester located minutes from the well-regarded institution – The University of Chester.

The studios feature a large living space and have been finished to the highest standard. The on-site amenities such as a gymnasium, game room, cinema room and secure bicycle storage continue to make the development a popular choice with students in the area. Managed by a well-renowned student lettings organisation, the development is fully let for this academic year.

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 one of the fastest growing housing markets in the country; prices in the area are seeing a significant rise, with a 22% increase over the last 5 years (Zoopla – January 2021) makes for a lucrative investment opportunity in Chronicle House!

Interested? Take a look at the financial projections below based on a ground floor studio. We have a number of investment opportunites available in this development, so please contact us today to request a full breakdown.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Multiple units available
    Tick Desktop Close to The University of Chester
    Tick Desktop Studio apartments
    Tick Desktop Fully furnished
    Tick Desktop Excellent location in the heart of the city centre
    Tick Desktop Great transport links
    Tick Desktop Development fully let for 21/22
    Tick Desktop Shops, bars and amenities nearby
    Tick Desktop Onsite gymnasium and communal areas
  • LocationLocation

*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.

Breakdown
Financial performance*
Gross rent £6,490
Ground rent £250
Service charge £2,390
Lettings fees £856
Net income £2,994
Gross yield 13.66%
Net yield 6.30%

*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.