Liverpool Road, Chester, CH2

A handsome Victorian Villa with separate coach house comprising 7 spacious apartments within walking distance of the city centre, producing a 9.5% yield based on the current rental of £85,500 per annum.

Accommodation - House

Ground Floor

• Flat 5 - Living/Diner area with open plan Kitchen; Bedroom; Shower Room
• Flat 4 - Living Room; Dining Room with open plan Kitchen; Conservatory; 2 Bedrooms; 2 Bath/Shower Rooms; Utility

First Floor

• Flat 3 - Living/Dining area with open plan Kitchen; Bedroom; Bathroom
• Flat 2 - Living/Dining area; Kitchen with Breakfast bar; Mezzanine Bedroom; Bathroom.
• Flat 1 - Living/Dining area; Kitchen; Bedroom; Shower Room.

Accommodation - Coach House

Ground Floor

• Flat 1 - Living/Diner; Kitchen; 2 Bedrooms; Shower Room

First Floor

• Flat 2 - Living/Diner; Kitchen; 2 Bedrooms; Bathroom


Outside

• Secure parking for 7 vehicles

DISTANCES

CHESTER - 0.5 MILES
WREXHAM - 12 MILES
LIVERPOOL - 27 MILES
MANCHESTER - 45 MILES

DESCRIPTION

Alexandra Villa is an attractive Victorian villa and in architectural terms has much to commend it. The property is constructed of brick with decorative dressed stone window surrounds, bay windows and detailing to the soffits beneath a slate roof, which has recently been refurbished. Internally the property still retains much of its original character with high ceilings, moulded cornice work, deep door architraves, turned staircase, tiled floor and feature fireplaces. The accommodation within the main house is arranged over 2 floors and was converted some years ago into 5 self-contained flats which combine traditional features with modern fittings and appliances. All the units have the benefit of gas central heating served by a communal boiler located in Flat 4. At ground floor level there is a handsome open-fronted porch with panelled door leading in to a communal hallway which gives access to Flats 4 & 5.

Flat 5 is a 1 bedroom unit with open plan living and dining area benefiting from a bay window to the front. Within the living and dining area is the kitchen and beyond which is a double bedroom with en-suite shower room.

Flat 4 is the most generous property with an open plan dining/ kitchen opposite which double doors open in to a separate living room which in turn connects to the conservatory which has French windows to the outside. Flat 4 has a generous master suite comprising a double bedroom with en-suite shower room and beyond the kitchen is a second double bedroom. Off the hallway is a utility room and beyond which is a further bathroom.

Flats 1, 2 & 3 are arranged on the first floor. Flat 3 has an open plan living and dining area with bay window to the front and within the living room is a fitted kitchen. Flat 3 has a generous double bedroom and en-suite bathroom with shower above the bath. Flat 2 has a hallway off which there is a living room with a short flight of steps to a mezzanine bedroom. At the end of the hallway is a shower room and a separate door leads in to a fitted kitchen which incorporates a breakfast bar. Flat 1 has an open plan living and dining area off which is a separate recently fitted kitchen. Flat 1 has a double bedroom which is served by a separate shower room.

Within the Coach House there are 2 further flats. Flat 1 is the ground floor unit with open plan living and dining area, fitted kitchen, 2 double bedrooms and a separate shower room. Flat 2 is on the first floor and the accommodation mirrors Flat 1 save that it has a bathroom with shower above. The Coach House flats have the benefit of gas central heating served by independent gas boilers.

INCOME POTENTIAL

Alexandra Villa has been let for a number of years with high occupancy levels and currently produces an annual rent role of circa £85,500. Owing to its strategic position close to the city centre, Chester University and Countess of Chester hospital it is favourably located. Likewise, Alexandra Villa is very accessible and within easy reach of all areas of commerce including the Chester Business Park, Deeside Industrial Park and Wrexham Industrial Estate with a large number of employers. Within the main house the passing rent includes Council Tax, central heating and water rates and the Landlord accounts to the tenants for electricity consumed. Within the Coach House the tenants are responsible for payment of Council Tax and all utility bills. Details of the status of the individual tenancies is available from the Joint Agents on request.