Ormonde Street, Chester, Cheshire, CH1 3DD

INVESTMENT OPPORTUNITY – TENANT IN SITU An excellent opportunity for landlords and property investors to acquire a two-bedroom terraced house on Ormond Street, Chester, with tenants in situ.

An excellent opportunity for landlords and property investors to acquire a two-bedroom terraced house on Ormond Street, Chester, with tenants in situ.

The property currently generates £1,140 per calendar month (£13,200 per annum), representing an approximate gross rental yield of 6.6% at £200,000, before any associated costs or deductions.

The property benefits from reliable tenants who pay their rent on time, providing a purchaser with an established rental income from day one, subject to the existing tenancy arrangements.

The accommodation comprises a comfortable living space, kitchen, two bedrooms and a bathroom, together with a private rear courtyard, providing a low-maintenance outdoor space for the occupants.

Located on Ormond Street, the property is conveniently positioned for access to Chester city centre, local amenities, shops, restaurants and transport links.

This is an attractive proposition for an existing landlord looking to expand their portfolio, or an investor seeking a property with an established tenant and immediate rental income.

Kitchen   4.5m x 1.8m A well-proportioned kitchen fitted with a range of units, work surfaces, sink and cooking facilities.

The layout provides useful storage and preparation space, with windows providing natural light. There is also additional useful storage.

Dining Room   4.72m x 3.28m A generously proportioned dining room offering excellent space for a dining table and chairs, with plenty of room for additional furniture.

The room provides a versatile second reception area and leads through towards the kitchen.

Living Room   3.63m x 2.92m A comfortable front-facing living room with a window providing natural light. A versatile space suitable for relaxing and everyday living.

Store Room   Useful ground-floor storage cupboard, ideal for keeping household items neatly tucked away.

Bathroom   2.44m x 1.8m A practical family bathroom comprising a bath, WC and wash hand basin, with a window providing natural ventilation and light.

Bedroom 1   4.83m x 2.97m A spacious principal bedroom with ample room for a double bed and bedroom furniture. The generous proportions make this a comfortable and versatile bedroom.

Bedroom 2   3.28m x 2.97m A well-proportioned second bedroom offering space for a double bed and additional furniture. Suitable as a second bedroom, guest room or home office.

Landing   Central first-floor landing providing access to both bedrooms, the family bathroom and a useful storage cupboard.

First-Floor Storage   Useful storage cupboard situated off the landing, providing additional household storage space.

Rear Court Yard   To the rear of the property is a private, low-maintenance courtyard, providing useful outdoor space for the tenants and an ideal spot for seating or enjoying some fresh air.

Property Overview   The property provides approximately 870 sq ft (80.8 sq m) of accommodation across two floors, offering a particularly useful layout with two reception rooms, a separate kitchen, two bedrooms and a bathroom.

For an investor, the two-reception-room layout also gives the property a good degree of flexibility for tenants.