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Chronicle House, Commonhall Street, Chester, CH1 2AA

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Description

​Chronicle House is a state-of-the-art property in the heart of Chester, perfectly designed with its student tenants in mind. As well as high-end communal areas such as a private gym and common room to allow residents a place to relax, unwind and socialise, this development also offers privacy and luxury in the form of stunning private studio apartments.

Chronicle House boasts spacious studio apartments, ample floor-space, bespoke fixtures and furnishings, a private en-suite bathroom and a designated study area.

However, it’s not just the on-site facilities that make Chronicle House so popular with its student tenants—this student hub is perfectly situated in the heart of Chester, just a stone’s throw away away from the shops, bars, restaurants and cafes of Chester city centre, as well as a short walk to the University of Chester.

Anticipated Financial Projection following the end of the Guaranteed Period (ending in Sept 2017):

Weekly Rent: £150.00
Management Fee: £459.00
Maintenance Fee: £1,224.00
NET Income: £5,967.00
NET Yield: 8.52%
Gross Rent: £7,650.00

*Please note these figures are an estimate as provided by the vendor and Management Company.

Chronicle House is perfect for its student tenants, and also a perfect addition to any product portfolio!

This investment is suitable for cash buyers and is let and managed by a professional letting company on the investor’s behalf.

Please note there is only one unit currently available at Chronicle House, and it is guaranteed to sell soon - so enquire today and make sure you don’t miss out on this fantastic opportunity.

Specification

Prices range from:

£70,000 - £80,000

Number of units available:

2

Payment Plan:

Property Price: £70,000
On Reservation: £2,500 (this is fully refundable should the sale not complete)
Balance on Completion: £67,500

Region:

Chester

Build Status:

Tenanted

Chronicle House floor plan
 
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