Studio apartment

Chronicle House, Commonhall Street, Chester, CH1 2AA

Size: 22 sqm

Purchase price

£63,500

Size: 22 sqm

SQM
Finance breakdown
Financial performance*
Gross rent £8,160
Ground rent £200
Service charge £2,589
Lettings fees £734
Net income £4,636
Gross yield 12.85%
Net yield 7.30%

Cash investment opportunity in popular student development in Chester. Offering amazingly high NET yields of 7.30%! Enquire today to not miss out on this deluxe studio apartment


We are pleased to present this chance to invest in a fully furnished self-contained deluxe studio in the heart of the student hotspot Chester.

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 is a beautiful old city and it is no surprise that many prospective students choose to spend their university years there. There is a lack of high quality student accommodation in the city however, which makes developments such as Chronicle House stand out from the competition.

There has been a major increase in population in the area as well as being predicted to increase by 11% by the year 2023. With the shortage of accommodation in the city, it makes for an easy return with high occupancy rates. House prices in the area have also seen a significant rise, with a 20% increase in prices over the last 5 years (Zoopla – September 2018) makes for a lucrative investment opportunity in Chester!

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 to recieve further details upon this investment opportunity

Key features

Key features

Amazing NET yields in excess of 7%!

Key features

Popular student development

Key features

Fully self contained deluxe studio

Key features

Local to universities

Key features

Great transport routes

Key features

Local to all amenities

Key features

Perfect cash investment

Key features

Private residents gym onsite

Cash investment opportunity in popular student development in Chester. Offering amazingly high NET yields of 7.30%! Enquire today to not miss out on this deluxe studio apartment More info...

We are pleased to present this chance to invest in a fully furnished self-contained deluxe studio in the heart of the student hotspot Chester.

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 is a beautiful old city and it is no surprise that many prospective students choose to spend their university years there. There is a lack of high quality student accommodation in the city however, which makes developments such as Chronicle House stand out from the competition.

There has been a major increase in population in the area as well as being predicted to increase by 11% by the year 2023. With the shortage of accommodation in the city, it makes for an easy return with high occupancy rates. House prices in the area have also seen a significant rise, with a 20% increase in prices over the last 5 years (Zoopla – September 2018) makes for a lucrative investment opportunity in Chester!

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

  • Key features
    Tick Desktop Amazing NET yields in excess of 7%!
    Tick Desktop Popular student development
    Tick Desktop Fully self contained deluxe studio
    Tick Desktop Local to universities
    Tick Desktop Great transport routes
    Tick Desktop Local to all amenities
    Tick Desktop Perfect cash investment
    Tick Desktop Private residents gym onsite
  • 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 £8,160
Ground rent £200
Service charge £2,589
Lettings fees £734
Net income £4,636
Gross yield 12.85%
Net yield 7.30%

*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.