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Northgate Point

Chester, United Kingdom

Investment Type: STUDENT

Est. Completion: AVAILABLE

  • Tenanted studio apartment available
  • Up to 6.8% NET yield
  • Invest from just £63,500
  • Completed and operational
Purchase Process

Unit 49 (L2.02) - £63,500.00

  • Confirmed tenancy up to 30th August 2024
  • Tenancy - 51 weeks at £145.00 per week
  • Gross annual rental income - £7,395.00 per year
  • Annual service charge - £2,352.00 per year
  • Management fee of 4% plus VAT 
  • Ground rent - £310.00 per year 
  • Net annual rental income - £4,378.00
  • Net yield 6.8% per annum 

Unit 50 - £70,500.00

  • Confirmed tenancy up to 30th August 2024
  • Tenancy - 51 weeks at £145.00 per week
  • Gross annual rental income - £7,395.00 per year
  • Annual service charge - £2,049.00 per year
  • Management fee of 4% plus VAT 
  • Ground rent - £310.00 per year 
  • Net annual rental income - £4,681.00
  • Net yield 6.6% per annum 

Northgate Point - Overview

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 £145 per week (NEW TENANCY CONFIRMED UNTIL AUGUST 2024 FOR 51 WEEKS), you can generate NET yields of up 6.8%.

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.

Northgate Point - Investment Highlights

  • Purchase prices from just £63,500
  • Tenanted until August 2024
  • Perfectly located in Chester city centre
  • Completed and tenanted development 
  • 700 meters to University Campus – ideal location for students!
  • Close to local amenities
  • Fully-equipped kitchen facilities and modern designed shower rooms
  • 24/7 security

Northgate Point - Key Points

Location

Location

Chester, United Kingdom

Price

Price

N/A

Completion

Completion

Fully tenanted units

Rental Yield

Rental Yield

Up tp 6.8% net yield

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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Northgate Point - 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. Northgate Point is fully managed by an experienced management company, providing investors with a 100% hands-off investment. 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.

Onsite Facilities

  • High specification units
  • Fully-equipped kitchen facilities
  • Modern designed shower room
  • Free 50 Mbps Broadband & WiFi
  • 24/7 security
  • Flat-screen TV
  • Reception desk
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.

Contact Us

Contact Pure Investor today for a Free Consultation and Valuation for your tenanted property for sale.

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

or contact to us via WhatsApp Contact Now

Find out more

Need some help? Request a FREE call back today.

Whether you're a seasoned investor or considering your first property investment, our experienced team are here to help. Arrange a FREE call back from one of our team!

Free Call Back

Call our team today on +44 (0) 161 337 3890

Why Invest

Why Invest in Chester

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.

  • Unrivalled demand: Only 50% of the 1st year students can be housed by the university.
  • The University of Chester is one of the oldest English higher education establishments, pre-dating all but Oxford, Cambridge, London and Durham Universities. 
  • Hosts 18,800 students from all over the world.
  • Invested over £117 million in recent years on campus facilities.
  • Very strong research background.

Other Popular Developments

Why Choose Pure Investor

Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 820 7063.

We look forward to hearing from you!

Pure Investor - Property Investment