Home » Studio » Northgate Point

Northgate Point

Studio
Minimum Investment: £72,500
Date Added: 05/01/2016
Advertiser: Sand Royale
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PropertyID: 21705246
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Pricing Information

£ GBP € EUR $ USD
Studio £72,500 €83,287 $94,081

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Key Investment Features

  • 8% NET rental yield assured for 5 years
  • 6% PA interest paid on monies received after completion – LIMITED TIME ONLY
  • Unrivalled demand: Only 50% of 1st year students housed by university
  • Prime Location: just 200m from Chester City Centre
  • 100% hands off investment – Fully-managed by leading UK property Management Company
  • By the multi-award winning developer Property Alliance Group

What the Advertiser says about this investment:

Northgate Point is the ideal solution for investors. It incorporates modern student requirements into high-quality student accommodation.

 

In prime position for students, Northgate Point is located on Trafford Street, and will provide a convenient and safe environment.

 

The development is positioned just 200m from the City Centre, 400m from Northgate Leisure Centre, and 700m from the main campus.

 

The site lies to the north of Chester City Centre adjacent to the Newtown area. It is well connected to key destinations by a comprehensive network of pedestrian routes. Access to and from the university to the site is likely to be pedestrian with the most convenient route taken from the North and past the Leisure Centre. Chester City Centre is located within easy walking distance of the development and offers students a wide choice of shops, clubs and other useful amenities.

 

The development is 5-storeys in total with the 5th floor set back away from Trafford Street. Of unrivalled standards, a total of 121 student studio apartments range in size from 21m2 - 40m2. Each unit is designed to match the current market demand for high-spec accommodation, and includes:

 

En-suite bathrooms, bespoke kitchenettes with contemporary appliances, and living, study and sleeping areas.

 

Northgate Point is the ideal solution for investors because demand for high-quality new-build student accommodation is at an all-time high. The Market’s resilience through the years has created a safe and stable platform for investors. In 2014, at least £2.4 billion of capital was invested in the student accommodation sector.

 

Chester is one of England’s finest historic cities and home to the best preserved walled city in the UK. Over 13,500 businesses are located in Cheshire West and the Chester area leaves it with an annual GVA of £1.1 billion, the combined Cheshire and Warrington economy is worth £20bn a year, making it one of the best performing economies in England.

 

The development is a project from Property Alliance Group (Alliance), an award winning property developer, investor and asset manager.

 

Alliance's extensive experience and contacts in development and investment allows it to identify off-market deals and add value through development, refurbishment and rigorous asset management strategies. This process is enhanced by strong relationships with occupiers.

 

The property is fully managed by Student Facility Management (SFM). The company was established in 2004 and is 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.

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