UNIQUE STATE OF THE ART APARTMENTS – CITY CENTRE LOCATION PRIME FOR CAPITAL GROWTH - ADJACENT TO WAITROSE
£126,000
Chester
1 UNIQUE STATE OF THE ART APARTMENTS – CITY CENTRE LOCATION PRIME FOR CAPITAL GROWTH – ADJACENT TO WAITROSE
We have secured a small number of apartments at discounted prices at this stunning canal fronted development in the heart of Chester, an area which has seen a significant shortfall of new properties in recent years.
The location is perfect with Waitrose’s £20m, 29,000sq.ft flagship store connected to the scheme directly via canal bridge and the train station is just a 5-minute walk away. The main shopping area and leisure section of the city is also nearby, offering a wide range of brands including Boodles, Marks and Spencer and The Chester Grosvenor Hotel.
The city centre is undergoing a big transformation having secured a £72m investment from Chester Council to fund the One City Plan regeneration project. The next phase of the plan includes the development of the Chester Northgate scheme. The long-awaited attraction with over 20 years of planning will be the city’s newest leisure destination, offering a cinema, new market, cafes, bars, restaurants and new co-working spaces. The project aims to bolster economic growth and aid in the recovery of COVID-19.
Chester and its surrounding areas offer a vast array of employment opportunities with Deeside home to Tata Steel, Toyota and Airbus and city centre companies including MBNA and Virgin Money. The Countess of Chester hospital is also responsible for the employment of over 4,000 people, while Chester Business Park employs over 6,000 people.
Investors will benefit from high tenant demand as The Shot Tower sits perfectly between both Liverpool and Manchester. The city is arguably one of the most affluent commuting areas for both cities with great transport links via the train station and easy access to the M56, M53 and A55. The completion of HS2 will also benefit residents here as the journey to London will be cut by over half an hour.
As the oldest of only 3 remaining shot towers in the UK we feel this unique scheme has the potential to reel in high yields and earn fantastic ROI for investors. This is a rare opportunity to take on a luxury, one-of-a-kind property in a prosperous and well-invested area.