We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work6-bedroom terraced house · CH2 3PP
Listing removedListed 393 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION An excellent turnkey investment opportunity, Ermine Road is a well-maintained 5-bedroom licensed HMO, fully let this year to a group of working professionals.
The property has proven rental demand and generates a strong and stable income, with council tax included in the rent.
Rental Breakdown (inclusive of council tax): - Room 1 - £129 per week / £559.00 pcm - Room 3 - £127 per week / £550.33 pcm - Room 4 - £135 per week / £585.00 pcm - Room 5 - £132 per week / £572.00 pcm - Room 6 - £132 per week / £572.00 pcm Total Gross Monthly Income: £2,838.33 Total Gross Annual Income: £34,059.96 The property offers generous communal living areas, a modern kitchen, and well-sized bedrooms, making it particularly attractive to professional tenants.
Located in a popular residential area of Chester, Ermine Road benefits from excellent local amenities, public transport links, and proximity to the city centre.
The University of Chester and Chester Business Park are within easy reach, as are supermarkets, local shops, cafes, and green spaces.
Whether you're looking to expand your portfolio or take your first step into HMO investment, this property represents a solid opportunity with established income and strong local demand
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Ermine Road, Ermine Road, Chester
Explore nearby
