Studio in Chester, United Kingdom, Nr. 73

Property Overview



We are pleased to present this chance to invest in 3 fully furnished self-contained premium double studios in Chester located minutes from the highly-regarded institution The University of Chester and just a 1 minute walk from the heart of the city. All 3 units have recently benefited from a substantial upgrade: double beds, new mattresses, 50" smart TVs, dining table/chairs x2, chest of drawers, full length mirror and clothes hanging facilities.



Each studio features a large living space, kitchenette, ensuite facilities and has been finished to the highest standard. The on-site amenities such as a gymnasium, large social lounge (inc. 65" cinema TV), laundry room and secure bicycle storage continues to make the development a popular choice with both UK and international students. Further, there is a staffed reception area to serve residents.



Chronicle House is located on Commonhall Street in the centre of Chester, within the old city walls. It is just a 1 minute walk to Chester's impressive shops, bars, cafés and restaurants. The development's central location together with convenient access to the University of Chester makes it extremely attractive to student tenants looking for a great university lifestyle experience.



Chester has had one of the fastest growing housing markets in recent years in 2015 demand for housing rose by 164%! House prices in the area have also seen a significant rise, with a 22% increase in prices over the last 5 years (Zoopla January 2021) makes for a lucrative investment opportunity in Chronicle House.



About Xenia Students



Chronicle House is a 'hands-off' development. It is a fully serviced development, managed by Xenia Students marketing, tenant contracts, facilities management making it particularly attractive to international investors wishing to establish a UK-based lettings business.



One additional benefit is that Chronicle House is unique in that studios can also be rented out to non-students an attractive option during the busy summer tourist season. This means investors have the option to manage studios - either directly or through one of Chester's many lettings agencies to maximise returns.







About the University



The University of Chester is a highly regarded British university and has grown rapidly in recent years with a current student population of over 15,000. It offers a range of foundation, undergraduate and postgraduate courses, as well as undertaking academic research. It is the fifth oldest higher education establishment in England, with only the universities of Oxford, Cambridge, Durham and London outdating it.

The university is a member of the Association to Advance Collegiate Schools of Business, the Association of Commonwealth Universities, the Cathedrals Group, the North West Universities Association and Universities UK. It holds the Silver Award in the Teaching Excellence Framework.

On 22nd June 2021, it was announced that the university had been chosen from over 100 nominations to win the Whatuni Student Choice Award, an influential national award celebrating the best in higher education.





About the Area



Encircled by a glorious 2-mile ring of Roman and medieval walls, Chester is a rare blend of the ancient and traditional along with a dash of cosmopolitan chic. Explore half-timbered buildings and Chester's unique covered 'Rows' which are lined with independent boutiques and high-street stores. If that's not enough, head to Cheshire Oaks, the UK's largest designer outlet village just 10 miles from the city centre.



The surviving Roman grid pattern of streets is so compact you can get around all the city's landmarks easily on foot. Stroll along the walls, studded with historic towers and gates, then drop into the Amphitheatre the largest one in Britain. You can also find out what life was like in Roman Chester at the Dewa Roman Experience. Nature lovers will enjoy the city's famous gardens and the nearby Delamere Forest.



Chester is just over 2 hours north of London by train.



Main Features



Studio apartments

1 bedroom

1 bathroom

21m2

Fully furnished

Great rental returns

Thriving central location for students