2-bedroom flat · CH1 2BJ
To rentReduced £50 (−4%) on 21 OctListed 105 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No deposit option available This two bedroom first floor apartment with a single allocated parking space is located within a sought-after location within the city walls of Chester.
In brief the accommodation comprises; - An entrance hall, large open plan lounge/kitchen, two bedrooms and bathroom.
This highly regarded and stylish development has a particularly appealing position within the historic city walls of Chester, and therefore within walking distance of a wide array of retail, recreational, and leisure facilities, as well as historic landmarks such as the Chester Cathedral.
Excellent connections to the wider north west road communications network are available via junctions outside of the city with the M53/M56 motorways and A55/A483 expressways, and fast and efficient mainline railway services to London and other significant parts of the country can be accessed from the Chester general railway station.
The apartment itself has the additional benefits of a communal lift. The property is available August with the rent is payable monthly in advance exclusive of water rates & other utilities.
Restrictions: Some pets may not be allowed. & no smokers. Part furnished. EPC Rating B. Council Tax band D.
A security deposit of the equivalent of 5 weeks’ rent will be payable prior to the tenancy start date. Right to Rent in the UK checks will be completed before a tenancy can be granted.
All tenants over the age of 18 must provide original relevant identification documents at the point of submitting an application to rent.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Flat 8, 18, Commonhall Street, Cheshire
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