**Standout Features:**
- Fully furnished self-contained studio apartment
- Prime location in Chester’s student district
- High rental yield of approximately 9% NET, tenanted until August 2025
- On-site amenities: gym, game room, cinema room, and secure bike storage
- Close proximity to the University of Chester and major shopping areas
**Potential Concerns:**
- Short lease term with only 2 years remaining may deter some mortgage lenders
- High crime rate in the local area
- Property may require updates as it is somewhat dated
Explore a lucrative opportunity to invest in this fully furnished studio apartment located in Chronicle House, Chester. This stylish studio features a compact yet efficient open-plan layout, perfect for the contemporary student lifestyle. Enjoy immediate rental income with an impressive net yield approaching 10%. With two years remaining on the lease, you'll need to act quickly to secure this desirable asset in a rapidly appreciating area.
Residents benefit from modern amenities, including a gym and cinema room, promoting an engaging social atmosphere that appeals greatly to student tenants. The property’s strategic location ensures easy access to Chester's vibrant shopping scene and the University of Chester, creating an attractive proposition for future renters.
However, potential buyers should note that the short lease may hinder mortgage arrangements, and buyers should assess the property's condition against their renovation plans. Given the high demand for quality student accommodation in Chester, this investment is sure to garner interest—don’t miss out! Enquire today to explore the financial details and secure your stake in this popular development.