Northgate Point is an exciting investment property in Chester. It will cater to and exceed the needs of the growing number of students, providing individually-designed luxury studio apartments for the next generation of UK and overseas students living in Chester.
Each unit is designed to match the current market demand for high-spec student accommodation. The site is located in a prime central location, which is within 10 minutes walk of the University of Chester Campus. It is also within close proximity of the railway station, high street shops and just 200 meters away from the bars of the City centre. The University of Chester is home to around 18,000 students, making it idea for property investment in Chester.
Property investors will benefit from an 8% net rental yield, which is guaranteed for 5 years. Summer 2016 is the build completion date set by the award winning developer, Property Alliance. Investors will receive 6% interest on deposited funds from exchange to completion.
Chester is one of England’s finest historic cities and home to the best preserved walled city in the UK. It has an awe-inspiring eclectic mix of Medieval, Roman, Anglo-Saxon and Victorian buildings giving it a character unlike any other city in the UK. Having over 13,500 businesses located in Cheshire West and the Chester area leaves it with an enviable annual GVA of £1.1 billion, in fact the combined Cheshire and Warrington economy is worth £20bn a year, which makes it one of the best per forming economies in England.