Trafford Street, Chester, Cheshire, CH1
- PROPERTY TYPE
Studio
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- High yield property - 9.86% NET rental yield
- Walking Distance To Chester University
- Fully managed and hands free studio apartment
- Modern, fully furnished studios with private kitchenettes and en-suite bathrooms
Description
Apartment 42 at Northgate Point offers a hands-off, fully managed student investment in one of Chester's most established and well-performing student accommodation schemes. Located just minutes from the University of Chester campus and within easy reach of the city centre, Northgate Point remains a consistently popular choice for students seeking quality, modern living.
This self-contained studio unit is designed to maximise rental demand, with contemporary interiors, high-spec finishes, and access to on-site facilities. With an excellent rental track record and strong projected performance for future academic years, the apartment presents an attractive opportunity for investors seeking stable, predictable income.
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Financial Overview
Current Rental Income (2025/26)
* £170 per week
* 51-week tenancy
* Annual income: £8,670
Next Academic Year (2026/27) - Not Yet Let
* Marketed rental level: £184 per week
* 51-week estimated income: £9,384
This provides immediate upside potential for the next cycle, with rental uplift already forecast.
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Outgoings
* Service Charges: £2,423.70 per annum
* Management Fees: 10.2% + VAT
o Equivalent to £884.34 + VAT per annum (based on current rent)
* Ground Rent: £431.74 per annum
* Lease Term Remaining: 241 years
The development offers a long lease and predictable annual costs, ensuring clarity and long-term security for investors.
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Yield Profile
Current Gross Yield
At the current annual income of £8,670: Gross Yield: 17.34%
Projected Gross Yield (2026/27)
At projected income of £9,384: Gross Yield: 18.77%
Net Yield Estimate
Using current rental income and annual costs:
* Net rental income (after service charges, management fees & ground rent): £4,930.22
* Net Yield: 9.86%
Strong net returns of nearly 10% make this a compelling option for investors seeking robust, inflation-beating income.
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Development Highlights - Northgate Point
* Premium student accommodation block located close to the University of Chester
* Modern, fully furnished studios with private kitchenettes and en-suite bathrooms
* Professional on-site and block management
* High occupancy rates historically
* Proven rental demand supported by Chester's strong student population
* Designed specifically for long-term investment stability
Northgate Point continues to deliver consistent occupancy, strong rental levels, and low void risk, key factors for any investor targeting reliable yield performance.
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Why Invest in Chester Student Property?
* Chester offers a resilient student market with thousands of full-time students
* Limited supply of high-quality student studios in comparison with demand
* Long-term rental stability regardless of wider economic conditions
* Attractive purchase price points enabling high yields and accessible entry for investors
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Summary
Apartment 42, Northgate Point, presents an exceptional opportunity to acquire a fully managed, high-yielding student investment for just £50,000.
With potential for rental growth next academic year, strong tenancy history, and nearly a decade of proven performance in the development, this is a compelling option for investors seeking hands-off income in a secure, purpose-built asset.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Trafford Street, Chester, Cheshire, CH1
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Visit our security centre to find out moreDisclaimer - Property reference Northgate-Point-Chester. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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