20 City Suites, Chester - 1-Bed Apartment
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
560 sq ft
52 sq m
Key features
- Close to restaurants and shops
- Fitted Bathroom
- Fitted Kitchen
- Allocated parking
- Investment opportunity
- Prime central location
Description
Key Features:
- Asking Price: £149,000
- Strong Net Yield: Estimated 6.7% Net return (with proven revenue history)
- Proven Track Record: Generated £13,789.55 in short-term let (STL) gross income
- Prime Location: Situated on City Road, just a 2-minute walk to Chester Railway Station and minutes from the historic city centre
- Versatile Strategy: Ideal as a high-demand holiday let / STL or traditional long-term residential let
- EPC Rating: Grade C Property
The Opportunity:
A superb opportunity to acquire a spacious, modern one-bedroom second-floor apartment located in the popular City Suites development on City Road, central Chester.
Priced at £149,000, this turnkey property represents an attractive, hassle-free addition to any investment portfolio. Having already proven its earning potential on short-term let platforms (generating £13,789.55), it is ideally suited for investors looking to capitalize on Chester's booming tourism and corporate stay markets.
Investment Summary & Financials:
- Asking Price: £149,000
- Gross Yield Potential: Strong dual-strategy appeal (Short-Term Let vs. AST)
- Target Net Yield: ~6.7% Net
- Historic Short-Term Let Income: £13,789.55
- Estimated Annual Service Charge: £1,376
- EPC Rating: C
The Property
Situated on the second floor, Apartment 20 offers a generous layout designed for modern living:
- Living / Dining Area: Spacious, light-filled open-plan reception room.
- Kitchen: Fully fitted kitchen equipped with integrated appliances.
- Bedroom: Well-sized double bedroom.
- Bathroom: Modern 3-piece bathroom suite.
Location & Amenities:
City Suites occupies a prime central position on City Road, serving as an ideal hub for commuters, tourists, and working professionals:
- Chester Railway Station: Approx. 2-minute walk (under 300 yards), providing direct links to Liverpool, Manchester, and London Euston.
- Chester City Centre: A short 5-minute walk to the historic City Walls, Chester Cathedral, shopping rows, and vibrant restaurants/bars.
- Local Hotspots: Situated close to popular dining spots along the Shropshire Union Canal and Grosvenor Park.
Viewings & Enquiries:
Exclusively represented by Residential Estates. Contact our team today to discuss the income performance or arrange a viewing.
Tenure: Leasehold (240 years)
Ground Rent: £350 per year
Service Charge: £1,376 per year
Brochures
Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Residents
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
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About Residential Estates, Chester
First FL. Kinnerton House Bell Meadow Business Park Park Lane Pulford CH4 9EP
Notes
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