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Spacious 0 bed Studio property

Available

For Sale

Listed Jul 16, 2025

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£52,150

Available

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Description

"Pure Investor are delighted to present the hugely popular Northgate Point student development in Chester city centre.

The units are self contained studios with an en suite bathroom, bedroom area, study area, bespoke kitchen and living area. Currently tenanted at £189 per week NEW TENANCY CONFIRMED UNTIL AUGUST 2025 FOR 51 WEEKS , you can generate NET yields of up 9.0%.

Northgate Point 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.

Unit 113 £57,950.00
Fully managed and hands free property
Tenancy 51 weeks at £189.00 per week
Gross annual rental income £9,639.00 per year
Annual service charge £2,966.60 per year
Management fee of 9.9% VAT £1,145.11
Ground rent £311.88 per year
Net annual rental income £5,215.41
High Net yield 9.0% per annum"