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Chronicle House

Chester, United Kingdom

Investment Type: STUDENT

Est. Completion: COMPLETED

Premium Studio

£43,700.00

  • Large Premium ensuite studio
  • Leading student management company
  • Projected rental increases from September
Purchase Process

Reservation and Purchase Process
Complete a reservation from to secure the unit
Pay a £2,000 non-refundable reservation fee
Solicitors instructed
Balance due on completion (less reservation fee paid)

Investment Breakdown For Academic Year 2021-22
Gross rental income: 51 weeks x £130.00 = £6,630
Lettings fees - £875.16
Annual service charge - £2,697.92
Annual Ground Rent - £281.72
£2,775.20 net rental income
6.4% net yield per annum

Chronicle House - Overview

Tenanted student studio for sale in the exceptionally popular Chronicle House development in Chester city centre. This spacious 21.6 square metre Premium Studio is currently tenanted at £130.00 for the academic year, however from September the annual rents will be looking to increase to £140.00 per week for a standard 51 week AST. This studio is currently rented out until 28th August 2022.

Located within the city walls, students at Chronicle House have the city’s picturesque cathedral and famous shopping rows on their doorstep. The University of Chester is just a 20 minute walk from the building, or just 7 minutes for those who enjoy to bike (Chronicle House has bike storage).

Chronicle House is home to 61 students each year, offering a range of studios including our budget-friendly Single Bed Studios from just £130 per week, to our spacious deluxe apartments. Perfect for both undergraduate and postgraduate students.

Chronicle House - Investment Breakdown For Academic Year 2021-22
Gross rental income: 51 weeks x £130.00 = £6,630
Lettings fees - £875.16
Annual service charge - £2,697.92
Annual Ground Rent - £281.72
£2,775.20 net rental income
6.4% net yield per annum

Chronicle House - Communal Facilities
Gym
Social Area
Laundry Room
Free Wifi
Accommodation Team
Bike Storage
Smart TV's
Bill Included

Reservation and Purchase Process
Complete a reservation from to secure the unit
Pay a £2,000 non-refundable reservation fee
Solicitors instructed
Balance due on completion (less reservation fee paid)

Video - Chronicle House

Development Availability

PropertySizeBedroomsPriceEnquire
Premium Studio21.6 square metres1£43,700.00Enquire

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Looking to Sell

Looking to sell your tenanted buy to let property?

Are you considering selling your property with sitting tenants?

Concerned about losing rental income, or paying expensive utility bills for 4-5 months whilst you sell? We specialise in selling properties with tenants in situ, often saving the landlord thousands of pounds in lost rental income.

  • Specialists in selling tenanted properties in the UK.
  • Database of over 30,000 experienced property investors, actively seeking tenanted properties to add to their portfolio.
  • Experienced in working with tenants and lettings agents to ensure smooth transition and good communication throughout.
  • Generate rental income right up to completion of sale and avoid expensive void periods during sales and legal process.

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Call today on: +44 (0) 161 337 3890

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