Garden Lane, Chester
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Established Three-Bedroom HMO Investment
- Currently Fully Let to Students
- £23,660 Annual Rental Income
- Heart of the Popular Garden Quarter – Close to the University
- Strong Appeal to Both Students & Young Professionals
Description
An excellent opportunity to acquire an established and proven HMO investment in the heart of the highly sought-after Garden Quarter. Currently fully let to students, this three-bedroom property generates a combined rental income of £455 per week, equivalent to £23,660 per annum based on 52 weeks. (The current room rents are £145, £150 and £160 per week.)
With an exceptional letting history and, according to the vendor, continuous occupancy for approximately 20 years, the property represents an attractive investment opportunity with a long-established track record in the local rental market.
Situated within close proximity to the University and city centre, the property is ideally positioned for the student market. The Garden Quarter is also an attractive location for young professionals, giving the property a broad prospective tenant base and excellent ongoing letting potential.
The accommodation comprises three good-sized bedrooms, a comfortable living room, a fully fitted kitchen, and a fitted bathroom with a shower over the bath.
This traditional mid-terrace property combines an established income stream, proven letting history and highly desirable rental location, making it a compelling opportunity for investors seeking an established HMO investment.
- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- 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.
- Ground floor
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Visit our security centre to find out moreDisclaimer - Property reference LDES0015. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by LaDelfa Estates, Chester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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