Studio flat · CH1 3HP
Listing removedListed 13 daysAuction 1 Oct · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
INVESTMENT OPPORTUNITY FOR SALE BY AUCTION 19th - 20th OCTOBER FOR SALE VIA ONLINE AUCTION ON MONDAY 19th OCTOBER AT 1PM UNTIL TUESDAY 20th OCTOBER 11AM.
Contact for Viewing Arrangements STUDIO APARTMENT FOR SALE TENANTED STUDENT LET INVESTMENT.
A fantastic opportunity to acquire a student studio apartment in a popular, purpose-built development in the heart of Chester.
The building benefits from a manned reception, well-maintained communal areas, and is conveniently located within walking distance of the University of Chester campuses, the city centre, and a wide range of local amenities.
This property offers an excellent investment opportunity in a sought-after student location.
Tenancy details for September: Start date: Saturday, 12 September, 2026 End date: Friday, 3 September, 2027 Price PW: £180 Management fee: 10.2% Current Service Charge: £2,597.20 Ground Rent: £431.74 Rent in: £9180 (£180 x 51 weeks) Gross Yield Calculated on a purchase at the Guide Price of £30,000- 30.6% PLEASE NOTE No appliances have been tested by Auction House.
Any measurements are approximate. We recommend any would be bidders conduct their own due diligence in good time prior to the auction taking place.
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid.
If you are the successful bidder, you are required to pay the deposit and auction fees immediately.
As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract.
You must not bid unless you wish to be bound by the common conditions of auction.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Tenure: Leasehold Lease Details: 250 years from 1 October 2015 EPC Rating: B Administration Fee: £1800 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1800 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About No. 107 Northgate Point, Trafford Street, Chester, Cheshire CH1 3HP
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