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Studio flat for sale

Trafford Street, Chester, CH1

Guide Price £72,888

Property Description

Key features

  • Best performing sector for Buy to Lets
  • 8% per annum guaranteed for 5 years
  • 6% interest paid on deposited funds
  • 121 fully furnished studios
  • Hotel style lobby
  • Let and managed by Student Facilities Management Ltd
  • Fantastic growth potential
  • Completion due August 2016
  • 2 Different payment options

Full description

Please quote reference 2015392 when enquiring about this property.

Chester has a chronic undersupply of quality student accommodation, with private apartments numbering in 100’s rather than 1,000’s. Northgate Point addresses this issue and is sure to be in high demand.

The development is a new build, purpose built student accommodation investment opportunity. Situated close to the city centre and 10 minutes walk from University of Chester, Northgate Point provides housing to the undersupplied overseas and postgraduate student market. This high class development offers investors an 8% minimum yield per annum guaranteed for 5 years.

Shifting trends in student accommodation have driven a huge surge in demand for independent living. Northgate Point provides 121 generously sized, fully furnished and equipped single person studios. Featuring en-suite bathrooms, bespoke kitchens and contemporary furniture these luxury studios will satisfy the most demanding of tenants.

The building also features, a hotel style lobby, secure access & CCTV, high speed internet, bicycle storage, extra storage facilities, group study areas, laundry room and a dedicated vehicle drop off point.

Northgate Point will be fully managed and maintained by Student Facilities Management Ltd. Prices start from £72,888 pays 8% for 5 years and 6% interest will be paid on all deposited funds whilst the building is under construction. Completion is due August 2016.

Please contact Flambard Williams for further details.

Flambard Williams are fully registered members of The Property Ombudsman.

Please quote reference 2015392 when enquiring about this property.


Listing History

Added on Rightmove:
26 April 2016

Map & Street View

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