Property ID : 4974
For Sale £72,888.00 - Investment Property, Residential
INFORMATION ON NORTHGATE POINT
Northgate Point will provide individually-designed luxury studio apartments for UK and overseas students living in Chester. 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.
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. Northgate Point will sit just 200 meters from the city centre, assuring a desired location that won’t fade with time.
Chester has proved to be an immensely popular city to invest in, with people constantly in line waiting for new opportunities to arise. The developers are so confident about this investment that they will provide investors with an 8% yield for 5 years, with any increases in rental yield profits going directly to investors as well. Take advantage today of this rare opportunity to purchase property in one of the most sought after and historical cities in the UK and get a piece of prime real estate that will stand the test of time.
Northgate Point – Investment Highlights
8% NET rental yields assured for 5 years
Unrivalled demand: Only 50% of the 1st year students can be housed by the university
Prime Location: Just 200m from Chester City Centre
The latest launch by the multi-award winning Property Alliance Group
Individually-designed luxury studio apartments starting at just £72,888
100% hands off investment – Fully-managed by leading UK property management company
Cash Investment: Only 121 units available, completion summer 2016
6% PA interest paid on monies received after exchange of contracts – LIMITED TIME ONLY
250 year leasehold
Northgate Point – Management
Student Facility Management (SFM) was established in 2004 and is as committed to providing the highest quality student accommodation to students and investors. Owning extensive experience as landlords and managing agents gives them valuable insight into the needs of current students and property investors.
Northgate Point – Facilities
Rooms are High spec, luxury finish: Double Bed with built in storage, Headboard, Wardrobe, Study desk, and desk chair, Samsung or equivalent Wall Mounted TV, Kitchen Sink, Chrome taps and fittings, 2 ring hob, Microwave/Oven, Integrated under counter fridge, High Gloss Kitchen Units, Moisture resistant core, laminate kitchen tops, HDMI port/plug sockets, Modern sofa, Laminate flooring, Ensuite Bathroom, chrome fittings, porcelain sink, shower, Superfast broadband
Entrance Lobby is a 3 to 4 star Hotel theme with Manned Reception, Group Study Areas, Laundrette, Cycle storage, Parcel delivery room, Wifi
Studios – £72,888
Luxury studios – £82,888
Northgate Point – Payment and Reservation Process
£5,000 on reservation,
50% on exchange (less reservation fee)
25% 6 months into build,
Remainder on completion
Northgate Point – Completion
- Luxury studios - 290 sqft: £82,888