Studio for sale in Chester CH1
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Property features
- Investment let at £6,750 p.a. For 2023/24 academic year
- Investment let at £7,395 p.a. For 2024/25 academic year
- A 12.27 % giy on guide price and 13.44% giy once new tenancy starts in September 2024
- Modern studio with en-suite shower room, kitchenette facilities, desk space and double bedroom
- Modern communal spaces for study and socialising
- Let on a 45 week contract 2023/24 and 51 week contract 2024/25
- Please not that the internal photos are not of the flat that is being sold and is for illustration purposes only to show the finish and style of the property
Property description
Strapline
Auction Sale - 24/09/2024
Of interest to Investors
A modern studio apartment forming part of a student specific accommodation block. Investment let at £6,750 p.a. For 2023/24 academic year and rising to £7,395 p.a. In 2024/25 academic year
Description
A modern studio apartment forming part of a student specific accommodation development close to University of Chester, Chester city centre and the Chester Railway Station. The studio is finished to a modern standard with a fitted kitchen and integrated appliances, bedroom/living area and en-suite shower room. Within Northgate Studios there is also a reception area, a communal area to socialise and study, bike store and laundry.
Location
The property is located on the North side to Trafford Street.
Chester Station located an approx. 0.5 miles from the property
Transport
Chester Station - National Rail services
Tenancy
Let on an AST - please refer to legal pack
Accommodation
Studio
- Double Bedroom
- Kitchen facilities
- En-suite Shower room
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.