Studio flat · CH1 2AB
For saleReduced £2k (−4.2%) on 1 OctListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
1 Chronicle House, Commonhall Street, Chester, CH1 2Ab Attention investors - high yielding and hands off student investment property! Premium studio apartment in the heart of student hotspot Chester.
We are pleased to present this chance to invest in a fully furnished studio apartment in the heart of the student hotspot Chester, generating an outstanding return in the region of 9% net.
The studio features a large living space and has been finished to the highest standard.
The on-site amenities such as a gymnasium, game room, cinema room and secure bicycle storage continues to make the development a popular choice with the students in the area.
Chronicle House is located on Commonhall Street in the centre of Chester, within the old city walls.
The city’s impressive shopping areas and the University of Chester are only a few minutes’ walk away from the development, making it extremely attractive to student tenants looking for a great university lifestyle experience.
Chester is a beautiful old city and it is no surprise that many prospective students choose to spend their university years there.
There is a lack of high quality student accommodation in the city however, which makes developments such as Chronicle House stand out from the competition.
Don't miss out on this incredible investment opportunity and enquire today!
Financial Breakdown Gross Rent: £11,220.00 Net income: £5,422.46 Gross yield: 23.38% Net yield: 11.3% Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract.
Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08482
Value & comps
No previous sales on record.
Returns
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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 1 Chronicle House, Commonhall Street, Chester, CH1 2AB, Commonhall Street, Chester
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