2-bedroom flat · CH1 1AB
For saleListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An impresive penthouse 2 bed apartment with roof terrace. This retirement (over 60's) apartment is in the heart of Chester City Centre with great views and, 2 bathrooms and no onward chain.
This property briefly comprises; Entrance hallway with built in storage leading to the bright and spacious lounge, diner with impressive views and double doors opening into the kitchen.
There are two double bedrooms with built in wardrobes, the main bedroom has a modern en-suite shower room and there is a further family bathroom.
Externally there is communal gardens with rooftop seated terrace and parking is available on a first come first serve basis via a permit scheme at the cost of £250 per annum.
The development has a dedicated House Manger onsite as well as communal areas to be enjoyed by residents such as the communal lounge, laundry room, roof terrace and even a guest room for visitors (subject to availability and a small fee).
The property is located in the heart of Chester with amenities, the Grosvenor Park, Roman amphitheatre the River Dee a stone’s throw away.
Service charge Break down: - Cleaning of communal windows - Water rates for communal areas and apartments - Electricity, heating, lighting and power to communal areas - 24 hours call system - Upkeep of gardens and grounds - Repairs and maintenance to their interior and exterior communal areas - Contingency fund including internal and external redecoration and communal areas - Building insurance Lease information: Lease : 125 years from 01/01/2009
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Apartment 53, Forest Court,, Union Street, Cheshire
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