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See how verdicts work3-bedroom flat · CH1 3AG
Listing removedReduced £15k (−5.7%) on 27 AugListed 151 days
Opportunity summary
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About
A well-presented, city centre, first-floor apartment offering stylish open-plan living, three bedrooms and secure underground parking.
Description Lincoln House forms part of a well-regarded, contemporary development, ideally positioned for convenient access to the city centre and its amenities.
The building is well maintained throughout, benefitting from lift access, a secure underground car park and additional visitor parking.
Apartment One is situated on the first floor and enjoys a particularly private setting, being one of just three apartments along its corridor.
Access is via an intercom entry system, enhancing both security and ease of entry.
Internally, the apartment is beautifully presented, finished in a refined and contemporary palette with attractive wood effect laminate flooring running throughout the hall and living areas offering both durability and visual appeal.
The principal living space is arranged in an open-plan layout, designed with modern living and entertaining in mind.
The kitchen is well appointed, featuring a comprehensive range of wall and base units, generous drawer storage, glass shelving and a wine rack, complemented by integrated appliances including a four-ring gas hob with extractor, oven and a washer/dryer.
A breakfast bar provides an informal dining option, while the tiled floor offers a practical finish.
The adjoining sitting and dining area is filled with natural light and opens via French doors onto a private balcony, creating an appealing spot for al fresco seating during the warmer months.
The apartment offers three bedrooms, comprising two well-proportioned doubles and a third single bedroom, currently utilised as a study.
The principal bedroom benefits from an en suite shower room, while the remaining bedrooms are served by a family bathroom fitted with a bath with shower over, wash basin and WC.
Additional features include a useful utility cupboard located off the entrance hall, housing the boiler (replaced in 2023), along with a separate cloaks cupboard providing further storage.
The property also benefits from a secure underground parking space, notably positioned with no adjoining vehicles on either side, offering enhanced convenience and ease of access.
With its secure entry system and low-maintenance design, Apartment One, Lincoln House presents an ideal “lock up and leave” opportunity, well suited to both owner occupiers and those seeking a city base.
Tenure - The Square, Chester (rtm) Co Ltd is a 'Right To Management' Limited company formed by the leaseholders of the development.
It has a board of owner directors chosen by members and The Square is managed on their behalf by managing agents Paramount Estate Management. Please note there is no onward chain.
Location Lincoln House forms part of a prestigious development constructed by David Wilson Homes in the mid-2000s.
The location is ideal for those who are attracted by a city centre location with easy access to the railway station (approx. 0.4 miles).
The development is adjacent to the Shropshire Union Canal and the area has a vibrant cosmopolitan feel with lots of restaurants and bars.
The canal footpath is ideal for pleasant walks towards the city in one direction and in the other direction to Waitrose (approx.
0.2 miles) and Christleton, making this a really lovely part of the city in which to live.
Chester has direct access to the motorway network, linking to Manchester, Liverpool and their airports and to the North Wales coast.
It also offers a direct and regular rail service to London Euston (about 2 hours).
Chester is the home of the oldest racecourse in the country which provides an extensive programme of horse racing and other events including polo.
There is a thriving restaurant and cafe culture in the city and other leisure amenities include a picturesque golf course at Curzon Park and tennis at Chester Lawn Tennis Club, both approximately 2 miles.
Distances Liverpool Airport 25 miles, Liverpool 27 miles, Manchester Airport 34 mile, Manchester 40 miles. Square Footage: 895 sq ft Leasehold with approximately 975 years remaining.
Directions what3words ///crops.piano.vines
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.
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FAQ
About 1 Lincoln House,, The Square, Chester
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