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£58,000

Studio for sale on Delamere Street in Chester is offering an immediate 8% per year rental income and is in a purpose built student accommodation located in the Chester city centre, just a brief walk away from the University campus, this student property is key ready and has been operational for a number of years with full occupancy each year.

This student property offers investors an immediate gross rental income of £6,885 per year from a student room priced at just £58,000!

The seller is currently offering a TWO year assured rental of 8% sale!

This student property is a tastefully restored school building consisting of 85 en-suite student rooms, the rooms are set in clusters of 6, 7, 9 and 10 student rooms around the building, each with a separate lounge/tv room with open plan kitchen including flat-screen televisions.

Each student room in this student property has a spacious study area where students can work, rooms also come with a big bed with storage underneath and also a mini-fridge.

This student property offers internet to its residents thanks to the excellent WiFi and lightning-fast 100mb bandwidth provided to all rooms, students have all they need for work while being centrally located to enjoy all Chester has to offer.

As this property has been operational for a number of years already, this student property represents a very safe source of passive income for investors as this student property comes fully management providing a true “Hands off” property investment.

With its extremely accessible location, Trinity Hall even has the University of Chester and the Hammond School are just a brief walk away.

To insure peace of mind for its residents, Trinity Hall has 24/7 security and maintenance team on-site to insure the safety of all its student residents and any maintenance requires are immediately taken care of.

Key Ready
Priced At Only £58,000
Immediate rental income
8% Rental Income per year
85 Rooms
En-Suite Student rooms
Maintenance team on-site
WiFi 100mb bandwidth internet
Each room has its own Study area
clusters of 6, 7, 9 &10 rooms
Shared Lounge/Kitchen Areas per cluster
24/7 security

Key Information

£58,000
  • Reference THPMCG
  • Type: Apartment
  • Country United Kingdom
  • City Chester
  • Bedrooms 0
  • Bathrooms 1

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