Ormonde Street, Chester, Cheshire, CH1
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
- 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
- Offers Over £200,000
- £1,140 PCM current rent
- £13,200 annual rental income
- Approx. 6.84% gross yield at £200,000
- Tenants in situ.
- Reliable tenants who pay on time.
- Two-bedroom terraced house.
- Private rear courtyard.
- Convenient Chester location.
- Ideal addition to an existing rental portfolio.
Description
An excellent opportunity for landlords and property investors to acquire a two-bedroom terraced house on Ormond Street, Chester, with tenants in situ.
An excellent opportunity for landlords and property investors to acquire a two-bedroom terraced house on Ormond Street, Chester, with tenants in situ.
The property currently generates £1,140 per calendar month (£13,200 per annum), representing an approximate gross rental yield of 6.6% at £200,000, before any associated costs or deductions.
The property benefits from reliable tenants who pay their rent on time, providing a purchaser with an established rental income from day one, subject to the existing tenancy arrangements.
The accommodation comprises a comfortable living space, kitchen, two bedrooms and a bathroom, together with a private rear courtyard, providing a low-maintenance outdoor space for the occupants.
Located on Ormond Street, the property is conveniently positioned for access to Chester city centre, local amenities, shops, restaurants and transport links.
This is an attractive proposition for an existing landlord looking to expand their portfolio, or an investor seeking a property with an established tenant and immediate rental income.
Kitchen
4.5m x 1.8m
A well-proportioned kitchen fitted with a range of units, work surfaces, sink and cooking facilities. The layout provides useful storage and preparation space, with windows providing natural light. There is also additional useful storage.
Dining Room
4.72m x 3.28m
A generously proportioned dining room offering excellent space for a dining table and chairs, with plenty of room for additional furniture. The room provides a versatile second reception area and leads through towards the kitchen.
Living Room
3.63m x 2.92m
A comfortable front-facing living room with a window providing natural light. A versatile space suitable for relaxing and everyday living.
Store Room
Useful ground-floor storage cupboard, ideal for keeping household items neatly tucked away.
Bathroom
2.44m x 1.8m
A practical family bathroom comprising a bath, WC and wash hand basin, with a window providing natural ventilation and light.
Bedroom 1
4.83m x 2.97m
A spacious principal bedroom with ample room for a double bed and bedroom furniture. The generous proportions make this a comfortable and versatile bedroom.
Bedroom 2
3.28m x 2.97m
A well-proportioned second bedroom offering space for a double bed and additional furniture. Suitable as a second bedroom, guest room or home office.
Landing
Central first-floor landing providing access to both bedrooms, the family bathroom and a useful storage cupboard.
First-Floor Storage
Useful storage cupboard situated off the landing, providing additional household storage space.
Rear Court Yard
To the rear of the property is a private, low-maintenance courtyard, providing useful outdoor space for the tenants and an ideal spot for seating or enjoying some fresh air.
Property Overview
The property provides approximately 870 sq ft (80.8 sq m) of accommodation across two floors, offering a particularly useful layout with two reception rooms, a separate kitchen, two bedrooms and a bathroom. For an investor, the two-reception-room layout also gives the property a good degree of flexibility for tenants.
- 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.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- 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
Ormonde Street, Chester, Cheshire, CH1
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Affordability
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference JHC260107. 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 Jordan & Halstead, 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.