1-bedroom flat · CH1 1RQ
Sold STCReduced £10k (−5.6%) on 6 FebListed 1056 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 1 bed apartment in a unique and historic building which benefits from an allocated parking space and no onward chain. This property is perfect for short term lets.
The remaining lease is 987 years, but included in the sale is a share of the freehold. The apartment is perfectly positioned within the city centre close to all the amenities it has to offer.
This property briefly comprises; communal entrance hall with the apartment located on a raised ground floor. Opening into the apartment is a spacious open plan lounge and kitchen with breakfast bar.
There is a recently modernised bathroom with shower and a large double bedroom with built in storage.
Externally, the property benefits from an allocated parking space and access to a small communal garden. Located within The Walls of Chester City Centre.
The property is within walking distance of the railway station, bus station, shops, bars, restaurants, racecourse, Grosvenor Park and the river Dee.”
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 Albion Street, CHESTER, Cheshire, CH1
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