Studio for sale
Key information
Property description & features
- Tenure: Leasehold (125 years remaining)
- Fully Furnished Studio
- Popular Student Location
- PBSA Investment Opportunity
- Tenanted Investment
- 8.6% NET Yeild
The apartment comes fully furnished (incl. in purchase price) meaning this is a fully 100% hands free investment opportunity.
This is a full studio apartment, comprising of a bedroom with kitchenette and a desk area, with a separate en-suite bathroom (shower).
Tenants of ONE London road have the benefit of on site gyms, communal lounge rooms with pool tables and flat screen tvs, and roof garden terraces overlooking a park.
There is a huge demand for this type of accommodation in the area as students look for fully enclosed places where they don't have to share kitchen and bathroom facilities normally found in many University campuses.
Apartments in this block are producing a 10% NET yield.
Tenure: Leasehold (125 years)
Ground Rent: £350 per year
Service Charge: £1,442 per year
Property information from this agent
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Property reference OLR32B2. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Residential Estates - Chester.
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Broadband availability and predicted speed: obtained from Ofcom on December 10, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 10, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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