Appealing canal side student development in Chester

by Property Hotspots

8:24 AM, 19th June 2013
About 5 years ago

Appealing canal side student development in Chester

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Appealing canal side student development in Chester

Located next to the picturesque Shropshire Union Canal and Bridge Lock, this canal side student property development consists of just 36 en-suite student rooms spread across 2 separate blocks. It is located just a short walk to all of the universities and the city centre and will definitely be an extremely attractive accommodation option for students wanting a mix of great location and fantastic facilities.

9% returns assured for 5 years

Canal side student development in Chester

When you think of Chester you don’t think of massive tower blocks and a sprawling city. In fact, Chester’s beginnings as a Roman fortress have retained its character. It is the quaint charm that the town planners have is steadfastly sought to protect. Planning permission is very limited; obtaining permission for a new canal side student project has been a victory in itself.

Located next to the picturesque Shropshire Union Canal and Bridge Lock, this canal side student property development consists of just 36 en-suite student rooms spread across 2 separate blocks. It is located just a short walk to all of the universities and the city centre and will definitely  be an extremely attractive accommodation option for students wanting a mix of great location and fantastic facilities.

Chester has excellent fundamentals for student property being 4th fastest growing in terms of applications. There just isn’t enough student property because the town council is very selective in approving planning permission.

So as you can imagine, it’s a rare find when a new build project is given approval along the canals and so close to the city centre. Perhaps it was the thoughtful townhouse design with attractive bay windows that won the conservative town planners over.

Certainly students would love to live in a stylish new  property with peaceful positioning for a perfect balance of calmness and convenience with highly desirable location within walking distance of the campus and City Centre. The developer is so confident of the rentals, they have given a 5 year rental income guarantee of 9%.



Comments

Mark Alexander

8:26 AM, 19th June 2013
About 5 years ago

This deal is ideally suited to a cash investor who does not want or need to have a mortgage. If only self invested pensions were allowed to invest in property!


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