11 December 2024: Wednesday 11 December 2024 - 9:00am
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    Key features

    • Investment let at £7,395 p.a. for 2024/25 academic year
    • A 13.44% GIY on guide price
    • Modern studio with en-suite shower room, kitchenette facilities, desk space and double bedroom
    • Modern communal spaces for study and socialising
    • Let on a 51 week contract
    • Please not that the internal photos are not of the flat that is being sold and is for illustration purposes only to show the finish and style of the property

    Description

    A modern studio apartment forming part of a student specific accommodation development close to University of Chester, Chester city centre and the Chester Railway Station. The studio is finished to a modern standard with a fitted kitchen and integrated appliances, bedroom/living area and en-suite shower room.

    Within Northgate Studios there is also a reception area, a communal area to socialise and study, bike store and laundry. 

    Additional information

    Tenure

    Leasehold

    250 year lease from and including 1 January 2017

    Accommodation

    Studio

    • Double Bedroom
    • Kitchen facilities
    • En-suite Shower room

    Tenancy

    Let on an AST - please refer to legal pack

    Rent

    £7,395 p.a.

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.

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      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The property is located on the North side to Trafford Street.

      Chester Station located an approx. 0.5 miles from the property

      Transport

      Chester Station - National Rail services

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums