Studio for sale in Trafford Street, Chester CH1, £80,000

80,000.00

Offer Nr.:
60297019
Type of ad:
for Sale
Property type:
Studio
Bathrooms:
1
Reception rooms:
1
Contact name:
Vesta Property
Phone(s):
020 8115 4124

* Leasehold
* Cash buyers only
* Student studio apartment
* Fully tenanted investment property
* £5, 980 rent per annum
* 7. 5% Gross Rental Yield
This is an investment opportunity to purchase a student studio apartment in
Chester generating £5, 980 rent pa & gross yield of 7. 5%.
_ _Please note that this property is for cash buyers only due to the low
value__
_Leasehold information_
* Length of lease: 250 years
* Year lease started: Tbc
* Years left on lease: Tbc
* Service charge: Tbc
* Ground rent review period: Tbc
* Service charge review period: Tbc
_Property information_
* Located on level 3
* Self - contained student studio apartment comprising:
* Double bed
* Built - in wardrobe
* Study table and chair
* TV
* Wifi
* Fully fitted kitchen
* Ensuite bathroom
* We have been advised that an EWS1 certificate is not required due to the building materials used
* EPC rating B
_Rental information_
* Monthly rental income: £498. 33
* Annual rental income: £5, 979. 96
_Location information_
* The property is located just outside the city centre of Chester, with all amenities on the doorstep
* Chester railway station is a 10 - minute walk away
* The university can also be reached in 15 minutes on foot
_Note_
Please note that Vesta has not visited this property and that the vendor has
provided all material.

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