Studio 42

Apartment 42, Northgate Point, Trafford Street, Chester, CH1 3HP

Asking Price: £50,000 | Purpose-Built Student Accommodation | High-Yield Investment

Property Overview

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.

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.

Outgoings

• Service Charges: £2,423.70 per annum
• Management Fees: 10.2% + VAT
  • 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.

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.

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.

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

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.

Get in touch with the team