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Northgate Studios

Chester, United Kingdom

Investment Type: STUDENT

Est. Completion: COMPLETED

Studio 98

£51,600.00

Studio 50

£65,000.00

  • Tenanted Units From Just £51,600
  • Generating 8.0% NET Yield
  • Fully managed student development
  • 10 Minutes Walk From The University of Chester
Purchase Process

Studio 98 - L4-04

  • Purchase Price: £51,600.00
  • Ground Rent: £300 per annum
  • Service Charge: £2,085.87
  • Management Fee: £878.53
  • Gross Rental: £7,395 (51 weeks) 
  • Net Rental: £4,130.00 (8.0%)
  • Tenanted at £145 p.w. until 30th Aug 2024

Northgate Studios - Overview

Pure Investor are delighted to present Northgate Studios, a luxury student development, ideally located in the growing economy of Chester.

Northgate Point & Northgate Studios provides individually-designed luxury studio apartments for UK and overseas students living in Chester. The spacious contemporary studios have been designed with students in mind with floor-to-ceiling windows to optimise natural light and separate living, study and sleeping areas.

The units are self-contained studios with an en-suite bathroom, bedroom area, study area, bespoke kitchen and living area. Currently tenanted up to £145 per week, you can generate NET yields of up 7.0%.

Payment Plan

  • Reserve your unit with a signed reservation form
  • Provide certified ID, proof of address and proof of funds to Pure Investor
  • Pay a £2,000 non-refundable reservation fee
  • Remaining balance due on completion

Northgate Studios - Key Points

Location

Location

Chester, United Kingdom

Price

Price

£51,600.00

Tenure

Tenure

Leasehold

Completion

Completion

Completed

Rental Yield

Rental Yield

Up To 8.0%

Development Availability

PropertySizeBedroomsPriceEnquire
Studio 9821.2 Sqm-£51,600.00Enquire
Studio 5020.1 square metres-£65,000.00Enquire

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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Contact Us

Contact us for your Free Consultation and Property valuation.

Northgate Studios - Location

The site is located in a prime central location, 700 meters to the University of Chester Campus. This combined with the fact that the site is a short walk from central Chester, with all of its high street shops and bars making it an ideal site for student accommodation.

Chester has proved to be an immensely popular city to invest in, with people constantly in line waiting for new opportunities to arise. It is very hard, if not near impossible to receive planning permission in Chester due to the old heritage of the city, and properties within their famous city centre are prime.

Nearby Amenities

  • Northgate Arena Leisure Centre – 70 meters
  • Chester Theatre Club – 75 meters
  • Spice of Asia Food Supermarket – 250 meters
  • Tesco Supermarket – 500 meters 
  • City Centre – 500 meters
  • Train Station – 600 meters
  • Campus – 700 meters

Need some help? Request a FREE call back today.

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