1-bedroom flat · CH4 7DB
Sold STCReduced £17k (−17.9%) on 31 MayListed 521 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom retirement apartment in the popular Queens Park House development a short walk over the Dee Bridge from the City Centre.
The apartment comprises Entrance Hall, Living Room, Modern Kitchen, Double Bedroom with built in wardrobes and a Shower Room.
On entering Queens Park House you are welcomed into a reception area and spacious communal lounge/dining area, providing a venue for regular meetings and events.
Additional communal facilities include a communal laundry room for added convenience and delightful communal gardens for relaxation and socializing.
Externally, there is a communal permit-controlled parking area, although there is no allocated parking space for the apartment itself.
However, any purchaser can be entered onto a waiting list for a permanent space.
Leasehold 125 years from 1993 Ground Rent £712 pa Service Charge £850.57 every 6 months Service Charge Reserve £215.67 every 6 months
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
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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 Queens Park View, Chester, Cheshire
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