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Chronicle House

Chester, United Kingdom

Investment Type: STUDENT

Est. Completion: COMPLETED

  • Large Premium ensuite studio
  • Leading student management company
  • New tenant for 2022-23 academic year
  • 9.1% net rental yield
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)

Studio 42 - Investment Breakdown

  • Price - £42,500 (new tenancy until 29th August 2024)
  • £8,925 Gross Rental Per Year
  • £175 per week x 51 = £8,925.00 gross
  • Service charge - £3,787 per year
  • Lettings fee - 9% plus VAT = £964.00
  • Ground Rent - £281.00 per annum (243 year lease)
  • Net Return - £3,484 or 9.8% net

Chronicle House - Overview

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 £150 per week, to our spacious deluxe apartments. Perfect for both undergraduate and postgraduate students.

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 form to secure the unit
Pay a £2,000 non-refundable reservation fee
Solicitors instructed
Balance due on completion (less reservation fee paid)

Chronicle House - Key Points

Location

Location

Chester, United Kingdom

Total Area

Total Area

22.5 square metres

Price

Price

N/A

Tenure

Tenure

Leasehold

Completion

Completion

Completed and tenanted

Rental Yield

Rental Yield

9.1% net rental yield

Video - Chronicle House

Development Availability

Sorry, we don't have any availability in this development at the moment. Please contact our team for more details.


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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