Insurance & Building Warranties

Investment opportunity for sale in Cheshire West and Chester

Whipcord Lane, Chester, Cheshire West and Chester
For sale

COMMON USE CLASS: C3 Dwelling Houses

This property is marketed by:
Vesta Property

Block information

  • This block is made up of 2 buildings of 9 apartments each, comprising:
  • 1 x 1-bed apartment
  • 17 x studio apartments
  • Each apartment is self-contained and comes with:
  • Kitchen with appliances
  • Open plan living room/bedroom
  • Modern shower room
  • There is also a garage/workshop which is let and generates £600 rent pa
  • There are 9 parking spaces for all tenants
  • EPC ratings: C, D & E
  • GIA of both blocks is 6,612 sq ft
  • NIA of all flats is 4,699 sq ft

Rental information

  • All apartments are fully let
  • Aggregate monthly rental income: £7,395
  • Aggregate annual rental income: £88,740
  • Aggregate net yield: 5.5%

Location information

  • The block is located just north-west of the centre of Chester
  • Chester city centre is half a mile from the property and can easily be reached on foot
  • Chester railway station is approximately 1.2 miles away
  • A number of shops and local amenities are within walking distance of the property

Available upon request

  • Breakdown of the block
  • EPCs for all units
  • Video walkthroughs

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