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For Sale 1 Bedroom 1 Bathroom 1 Reception From £71,500
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Trafford Street, Chester, CH1 - From £71,500

  • Investment Opportunity
  • Purpose Built Student Accomodation
  • 7.6% ROI
  • Central City of Chester location
  • 700m from University of Chester

Northgate Studios | Purpose Built Student Accommodation

Nu:Move are proud to present an investment opportunity in a purpose built student accommodation development in the heart of Chester offering investors a 7.6% yield ROI. This is a hands off investment managed by a highly experienced student residential management company starting from £71,500. The development is only within a 10 minutes walk from the University of Chester, offering convenience and luxury living.

Northgate Studios will provide individually designed luxury studio apartments for the next generation of UK and overseas students living in Chester. The development is 6-storeys in total with the 5th floor set back away from Trafford Street. Of unrivalled standards, a total of 150 student studio apartments range in size from 20 sq meters - 36 sq meters. Each unit is designed to match the current market demand for high-specification accommodation, and includes: en-suite bathrooms, bespoke kitchens with contemporary appliances living, study and sleeping areas.

Additional facilities for students will include cycle storage, group study areas, vehicle drop off point, storage, laundry facilities, secure door opening systems and manned reception. The scheme will be completed by August 2018.

Payment Plan:

* Reservation Fee £5000

* 50% on Exchange

* 25% Stage Payment

* 25% Completion
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Up to £500k(Percentage rate 0 %)

Above £500k and up to £925k (Percentage rate 5 %)

Above £925k and up to £1.5m (Percentage rate 10 %)

Above £1.5m (Percentage rate 12 %)

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