Summary - 17 Northgate Studios, Trafford Street, CHESTER CH1 3GW
1 bed 1 bath Studio
Low-maintenance student studio with strong gross yield and communal facilities, walking distance to Chester centre..
Modern second-floor studio with kitchenette and shower room
Student-only building with cinema, laundry and bike store
Let at £157/week for 51 weeks; gross annual rent £8,007
Management fee 9.9% plus VAT for Facilities Management
Leasehold with 244 years remaining; EPC Grade B
Electric room heating (no gas central heating)
Small open-plan layout — limited owner-occupier appeal
Located within walking distance to Chester city centre and station
A compact, modern second-floor studio in Northgate Studios designed for the student rental market. The apartment includes a fitted kitchenette, built‑in wardrobe, shower room and electric room heating, and benefits from an EPC grade B.
The building is student-only and offers communal facilities that support low-maintenance letting: a cinema/common seating area, laundry, and large secure bicycle store. The property is currently let at £157 per week for 51 weeks, producing an approximate gross annual rent of £8,007 (around 14.6% gross at the asking price of £55,000).
This is a hands-off option for investors comfortable with purpose-built student housing. Note the management fee of 9.9% plus VAT for the Facilities Management Team who handle lettings and communal services. The flat is leasehold with 244 years remaining and no flooding risk.
Buyers should be aware of material constraints: the studio is small, uses electric room heaters rather than a gas central system, and sits within a student-only development—limiting owner-occupier or family use. Those seeking long‑term capital growth should factor in the local area’s wider deprivation classification and tenant profile when assessing future demand.
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