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Apt 26 - Aire (The Villas)

Description

Residential Estates is pleased to be able to offer this high end renovation of an old police station on behalf of the Abode Student Group. The development is situated in the heart of Stoke on Trent less than 10 minutes walk of Staffordshire University, and will provide investors the opportunity to purchase a fabulous income generating asset in the PBSA sector, one of the fastest and most popular asset sectors in the property investment market.

Investment Highlights:

* Brand New Build
* 9.5% NET Yield
* Ready for 2025 student intake
* Rental Income: £145 p/w (51 weeks)
* Price: £54,500

Aire consists of two contemporary styled blocks, will be completed to the highest standard and all including furnishings. Residents at Aire enjoy a luxury leisure suite which will include a full state of the art gym and cinema room and also enjoy CCTV security, Study Rooms, Laundry Facilities, Cycle Store, 40-inch SMART TV's.
State of the Art Facilities

Students living in Aire, students have access to premium state of the art facilities, some mentioned above, but also the communal area's have been carefully designed to create a sense of community, the communal hub serving fresh tea and coffee of a morning and the communal kitchen suite will provide students the facilities needed to make hot food.

* Please Note - Images are for reference only and may not be the exact apartment for sale.

Tenure: Leasehold (125 years)
Ground Rent: £350 per year
Service Charge: £1,350 per year

Brochures

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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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Apt 26 - Aire (The Villas)

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Affordability

Monthly repayments£275
Property: £ 54,500
Deposit: £ 5,450
Interest rate: 5.38%
Term: 30 years
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About Residential Estates, Chester

First FL. Kinnerton House Bell Meadow Business Park Park Lane Pulford CH4 9EP

We started our business 25 years ago as a Chester based property rental and lettings agency, and have grown into a respected, and diverse provider of property services.

The reason for our long term success, is due to constant focus on developing lasting client relations, offering unparalleled expertise over a full spectrum of services within the property industry.

We currently have multiple business departments, listed as follows:

Residential Property Investment

Residential Property Sales

Residential Lettings

Land Acquisitions

Property Management

Serviced Accommodation

International Property Sales & Investments

We are Chester's first internet based estate agency, and investment specialists. We believe in moving in-line with the change of the market place, to ensure our customers receive the very best service, from all divisions of our company portfolio.

The tailored service we offer directly meets the needs of our clients, as a tenant, a landlord, or an investor, we respect and value your business.

We would like to thank all of our clients over the years for helping us reach an important milestone, our silver anniversary, which we celebrated in 2015 after 25 years in business.

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Disclaimer - Property reference 26Aire. 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 Residential Estates, Chester. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.