Upper Northgate Street, Chester, CH1
- PROPERTY TYPE
House
- BEDROOMS
5
- BATHROOMS
5
- 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.
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Key features
- Attractive investment opportunity comprising five one-bedroom apartments and one commercial unit
- All apartments & commercial unit sold with tenants in situ
- A consistent annual rental income.
- Significant opportunity to increase rent over the long term or diversify to serviced accommodation
- All units fully renovated to a very high standard c.2020
- Four apartments benefit from a C-rated EPC, with the remaining apartment rated D
- Opportunity to acquire a mixed-use property in a single purchase
Description
7 Upper Northgate Street – Investment Opportunity – OIRO £550,000
5 x 1 bed, 1 bath tenanted properties + commercial unit
Key Features
Attractive investment opportunity comprising five one-bedroom apartments and one commercial unit
All apartments & commercial unit sold with tenants in situ
A consistent annual rental income.
Significant opportunity to increase rent over the long term or diversify to serviced accommodation
All units fully renovated to a very high standard c.2020
Four apartments benefit from a C-rated EPC, with the remaining apartment rated D
Opportunity to acquire a mixed-use property in a single purchase
Description
LOCATION
Situated at 7 Upper Northgate Street, this mixed-use property presents an opportunity for investors seeking to acquire a property comprising both residential and commercial accommodation. The building incorporates five one-bedroom apartments (one with courtyard garden) alongside a commercial unit, offering the potential for diversified rental income from multiple tenants.
OVERVIEW
The property comprises a total of five one-bedroom apartments and one commercial unit, making it an appealing proposition for investors looking to expand their portfolio with a multi-unit investment.
All apartment are fully self-contained and feature high quality fitted kitchen / living rooms, separate double bedroom and shower room.
The residential apartments benefit from a range of energy performance ratings, with four achieving a C-rated EPC and the remaining apartment rated D.
7 Upper Northgate Street is perfectly situated just a stones throw from the historic city walls and moment away from the city centre. Ideal for tenants working in the city or who need easy access to rail and bus services. The location is ideal for serviced / holiday accommodation.
TENANCIES AND INCOME
Further details regarding the current rental income, tenancy agreements, commercial lease terms and overall investment return can be provided once confirmed.
EPC RATINGS
Four of the five residential apartments have an EPC rating of C, with the remaining apartment rated D.
- 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: A
- 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.
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Energy performance certificate - ask agent
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Visit our security centre to find out moreDisclaimer - Property reference 1f15be3a-d0f8-4353-a750-a633e7984ac1. 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 Currans, 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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