CALL +44 (0) 161 337 3890
Currency (GBP)
AED  AUD  BGN  BRL  CAD  CHF  CNY  CZK  DKK  EUR  GBP  HKD  HRK  HUF  IDR  ILS  INR  JPY  KRW  KWD  MXN  MYR  NOK  NZD  PHP  PLN  RUB  SEK  SGD  THB  TRY  USD  ZAR 
Language

Northgate Point

Chester, United Kingdom


Invest from only:

£79,000.00

  • Penthouse studio apartment
  • 7.8% net yield
  • Fully tenanted
  • Completed in 2016
CALL +44 (0) 161 337 3890

Northgate Point - Overview

Location
Chester, United Kingdom
Price
£79,000.00
Completion
Completed 2016
Rental Yield
7.37% net yield

Northgate Point will provide 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 penthouse studio apartment is currently marketed at £79,000, currently tenanted at £160 per week for 51 weeks, generating a net yield of 7.8%.

Northgate Point - Investment Highlights

  • Purchase price: £79,000
  • 22 sq.m penthouse studio apartment
  • Net yield of 7.8%
  • 700 meters to University Campus 
  • 200 Meters to the city centre
  • Fully tenanted 
  • Completed in November 2016

Contact the Team

Call us on +44 (0) 161 337 3890 or contact us using the form below

  • I would like to receive future updates from Hopwood House regarding investment opportunities and other services.

    For details on how we handle your data please view our Privacy Policy

Development Availability

PropertySizeBedroomsPriceEnquire
Penthouse Studio Apartment22 square metres-£79,000.00Enquire

Image Gallery - Northgate Point

Purchase Process

1. Complete our reservation form and £2,000 reservation fee
2. Solicitor are instructed
3. Remaining balance due on completion

Financial Breakdown

Current tenancy 51 week (Aug 18 to Aug 19)
£160.00 x 51 week = £8160.00
Management fees 4% plus VAT = £391.68
Service charge = £1649.13
Net = £6119.19
7.8% net yield
Ground rent £250.00 per annum

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 will be fully managed by an experienced management company, providing investors with a 100% hands-off investment.

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
CALL +44 (0) 161 337 3890

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.
CALL +44 (0) 161 337 3890

Why Choose Hopwood House

Key to the success and growth of Hopwood House 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 Hopwood House 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@hopwoodhouse.com or Tel: 0161 820 7063.

We look forward to hearing from you!

  • "My wife and I were looking for purpose built student accommodation for investment and, notwithstanding that we were not their clients, the team at Hopwood House took the trouble to identify our goals and then set about helping us to achieve them."

    Peter Taylor | Student Accommodation Investment

  • All the way through the process you have kept us informed and dealt with the negotiations in a most professional way.

    Audrey & Colin | Lancashire

As Seen On

logos

As Seen On