Price

£500,000

7 bedroom Semi Detached House for sale, Chester, Cheshire, CH2

Newry Park

2
7
3

Price

£500,000

7 bedroom Semi Detached House for sale, Chester, Cheshire, CH2

Newry Park

2
7
3
Tenure: Freehold
  • Ideal Investment Income Property
  • High Specification Full Renovation
  • 7 Bedroom Student Accommodation
  • HMO Achieving £35 - £40k PA
  • Withing Walking Distance Of Chester Town
  • EPC Rating - D
  • Comprises Living Over Three Floors

The pin shows the exact address of the property 

***IDEAL INVESTMENT OPPORTUNITY***SEVEN BEDROOM FULLY REGISTERED HMO***CLOSE TO UNIVERSITY CAMPUS*** CAN USE AS FAMILY HOME AFTER SEPT 2021***

A superb opportunity to acquire a seven bedroom HMO located just a stones throw away from Chester city centre; university campus. The property itself is a Victorian terraced home set across three floors and boasts A FULL RENOVATION. All appliances in the kitchen will remain, as well as beds, wardrobes etc. There is double glazed windows throughout. A private rear yard, two shower rooms and a bathroom with seven bedrooms and sitting room with kitchen.

The HMO currently achieves a rental figure of approximately £35,000-£40,000 per annum.

Current rentals
Bedroom 1 £110 PW
Bedroom 2,3,4,5 £115 PW
Bedroom 6 £130 PW

The property is conveniently situated for local amenities including shops and schools and is within a short distance of the A41 ring road which provides easy commuting to neighbouring industrial and commercial centres and also the M53 motorway. Chester City Centre with its more extensive shopping and leisure facilities is close at hand.

Picture Room Measurements Notes
Ground floor:
Entrance HallEntrance door with double glazed window light above, and wall cupboard housing the electric meter and electrical consumer board. Wooden panelled door with decorative coloured glass leaded inserts, matching side panel and light above to the Reception Hall.
Bedroom 6ft. 13' 6" x 11' 7"
m. 4.1m x 3.53m
Bedroom 7ft. 13' 6" x 12' 6"
m. 4.1m x 3.8m
Sitting Roomft. 6' 11" x 7' 7"
m. 2.1m x 2.3m
Double glazed French doors to outside, column style radiator,ceiling spot lights and strip wood effect flooring.
Kitchenft. 11' 10" x 12' 2"
m. 3.6m x 3.7m
Fitted with a modern range of wall and base units incorporating drawers and cupboards with worktops over. Inset single bowl stainless steel sink unit and mixer tap and separate drainer. Wall tiling to work surface areas. oven with hob over and tiled splash-back, Space for tall fridge freezer, tiled floor, column style radiator, built-in storage cupboard and opening to the shower room.
Bathroom / Shower Room / WCA large bathroom with modern white suite and chrome style fittings comprising: double ended bath with wall mounted mixer tap and shower attachment; walk-in tiled shower enclosure with canopy style rain shower head and extendable shower attachment; low level WC; and pedestal wash hand basin with mixer tap. Part-tiled walls, double glazed sash windows with obscured glass, recessed ceiling spotlights, chrome radiator and laminate wood strip flooring.
First floor:
Bedroom 1ft. 19' 8" x 14' 5"
m. 6m x 4.4m
Bedroom 2ft. 14' 1" x 13' 9"
m. 4.3m x 4.2m
Bathroom
Bedroom 3ft. 20' 0" x 13' 6"
m. 6.1m x 4.1m
Kitchenette
Second floor:
Loft Conversion
Bedroom 4ft. 13' 9" x 10' 10"
m. 4.2m x 3.3m
Bedroom 5ft. 13' 2" x 17' 10"
m. 4m x 5.44m
Externally

IMPORTANT NOTE TO POTENTIAL PURCHASERS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

56

Potential

81

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

46

Potential

75

Use our calculator to see how much Stamp Duty you may pay if you buy this property.   

Stamp Duty Calculator
Calculate

You pay

1st July - 30th September 2021


from 1st October 2021

This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 1 July to the 30 September 2021 and from 1 October 2021. For more information on Stamp Duty Land Tax, click here.

Interested in this property?

Reeds Rains Chester

01244 328257

Mortgage repayment calculator
Calculate

Your payment (based on a repayment mortgage)

per month

Now you know what you could be paying, book an appointment with our partners Embrace Financial Services to find the right mortgage for you.

Book an appointment

Embrace financial services

This information is a guide only and should not be relied on as a recommendation or advice that any particular mortgage is suitable for you. All mortgages are subject to the applicant(s) meeting the eligibility criteria of lenders. Make an appointment with our partners, Embrace Financial Services to receive mortgage advice suitable for your needs and circumstances. 

Thinking of selling?

Find out how much your home is worth with a free valuation

Request free valuation

Reeds Rains, Chester

29 Watergate Street,
Chester,
CH1 2LB
chester@reedsrains.co.uk
Branch details
01244 328257