This property is no longer on the market
Studio
Key information
Property description & features
- Tenure: Leasehold (250 years remaining)
- 250 Year Lease
- Fully furnished
- Great location
- Great transport links
- Luxury Studio Apartments
- Off Road Parking
- 9% NET Rental Return for 3 Years Excluding Ground Rent
- 5% interest on deposited fund
- Gym, Cinema Room, Games Room & Laundry Facilities
Residents will benefit from a private gym, cinema room, games room and laundry facilities. There are also designated co-working spaces which will offer tenants a quiet space to study and work from home.
Apartments at Horizon come fully furnished. Furniture has been handpicked to complement the development's surroundings. The ergonomic design of these apartments means that residents will have a wealth of space where they can store belongings without it feeling cluttered.
All bedrooms will be fitted with a queen-sized bed, complete with bed base and mattress with built-in storage space, as well as a wardrobe. The lounge area will be fitted with a desk and coffee table, both of which will have a chair.
Fully fitted kitchens with integrated appliances provide tenants with further living space in which to relax and entertain. The modern bathrooms will be fully tiled and include a basin, modern WC and rainfall shower with glass door.
Apartment 307 has been previously rented continuously since completion at a rental of £370pcm, though similar studios are marketed at higher rates providing a new owner the ability to increase returns, upto £450pcm. Based on a low rental of £370pcm then the apartment would produce a GROSS yield of 7.7%
Tenure: Leasehold (250 years)
Ground Rent: £150 per year
Service Charge: £1,690 per year
Places of interest
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Property reference RS0188. 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.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 17, 2021
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 21, 2021
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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