1-bedroom flat · CH1 4LZ
Sold STCListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal opportunity to purchase and affordable one bedroom first floor apartment being offered for sale as a 50% shared ownership basis or staircase to 100% ownership at a purchase price of £135,000.
With easy access to the Sealand Retail Park and Chester City Centre offering an array of main street shopping and an abundance of eateries, makes the location of this apartment ideal for those who are looking for amenities a short distance away.
The apartment offers intercom security entrance on the ground floor leading to a communal hall and stairs to the first floor.
Number 57 offers a large open plan kitchen/diner/lounge with a Juliet balcony, entrance hall with large store cupboard, double bedroom with Juliet balcony and a bathroom with 3 piece suite to include WC, wash hand basin and bath.
The apartment has electric heating and Upvc double glazing. Externally the apartment has one allocated parking space, communal bin stores and bicycle stores.
VIEWINGS ARE HIGHLY RECOMMENDED - CALL NOW TO VIEW!
Any interested prospective purchasers must complete a shared ownership application form and Muir Housing Group must consent to the prospective purchase.
We have been informed by the vendor selling that it is possible to purchase the whole 100% at an open market value of £135,000.
CURRENTLY - We are offering 50% share ownership, subject to conditions (Ask Agents) You will pay rent at £230.66 pcm Service Charge of £115.06 pcm.
Ground Rent - £250 per annum PLEASE CONTACT THE AGENT FOR MORE DETAILS.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Saddlery Way, Chester, Cheshire
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