Property description
A 6 bed HMO opportunity currently let for £34,840, through 'Chester Student Lets' for an impressive 10.2% yield.
A convenient location within walking distance of the City Centre. There are local amenities close by, including shops, schools and leisure activities including total fitness gym and swimming pool. The property is also within easy reach of Countess of Chester Hospital and major road networks including the M53 and M56.
A 6 bed HMO opportunity currently let for £34,840 for an impressive 10.2% yield. The property is currently full and for the next academic year there are 3 rooms let and 3 rooms still advertised which are expected to be filled before the start of the new academic year. As an alternative the property could be a 4 bed residential property with 2 reception rooms, a separate open plan kitchen/diner and 2 shower rooms which is chain free. This has been renovated throughout to a great standard but still has lots of potential. This property briefly comprises; entrance hall with first reception room as bedroom 1, a downstairs shower room and a second reception as bedroom 2, the hallway leads through to the rear which is an open plan communal lounge/kitchen. To the first floor, three double bedrooms and a spacious shower room. To the second floor there is a luxurious sized master bedroom. Externally, the property benefits from a rear garden.
The property comes with the benefit of a secured contract on 3 rooms until July 2023 and it is expected that the other 3 rooms will be let.
The property was renovated in 2018 by the current owners to a high standard. The following is included in the sale which are huge selling points to students: Large flat screen TV, nest internet enabled thermostat, all furniture and appliances.
Amenities6 bed HMO
Let for £34,510pa through 'chester student lets' when fully occupied.
Impressive 10,2% yield
Benefit of A secured contract until July 2023
Renovated throughout
Walking distance to city centre
Chain free
Garden
Open plan lounge/kitchen