Overview
ClicPad are delighted to present Northgate Studios, a luxury student development, ideally located in the growing economy of Chester.
Northgate Point & Northgate Studios 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.
The units are self-contained studios with an en-suite bathroom, bedroom area, study area, bespoke kitchen and living area. Currently tenanted up to £160 per week, you can generate NET yields of up 7.5%.
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.
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.
Amenities:
Northgate Arena Leisure Centre – 70 meters
Chester Theatre Club – 75 meters
Spice of Asia Food Supermarket – 250 meters
Tesco Supermarket – 500 meters
City Centre – 500 meters
Train Station – 600 meters
Campus – 700 meters
Price range:
Apartments 087 – starting from £58,600
Net rental 7.5%
Payment Plan:
Provide certified ID, proof of address and proof of funds
Reserve your unit with a signed reservation form
Pay a £2,000 non-refundable reservation fee
ClicPad Fee 5%
Instruct solicitor
Remaining balance due on completion
Amenities
Risk management & compliance, when approached strategically, have the potential
- Laundry room
- Bike storage
- NET yield of 7.6%