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See how verdicts work4-bedroom house · CH2 4HB
For saleListed 601 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extended and very well proportioned early Victorian three/four bedroom semi-detached house, with first floor office, south east facing garden, very useful garage/studio/storage building, and a superb semi-rural location to the north of Chester.
An unusual entrant to the market, this genuinely period home has rooms for all purposes arranged over three floors, as can be seen from the floor plan.
In addition, there is a superb kitchen with an Aga range (cooking and hot water), a ground floor study, a first floor office/additional bedroom, a driveway with multiple parking spaces and a much larger than average open fronted barn/garage with a useful upper floor storage level, music studio to the rear and numerous potential uses.
The main house has double glazed windows, an oil fired central heating system and connections to mains water and mains electricity.
Prospective purchasers should be aware that the property is currently connected to a septic tank, which will need updating to a private drainage treatment plant to satisfy the prevailing legislation.
Prospective purchasers should also be aware that prior to the current vendors' ownership (over 25 years ago) there was some evidence of movement in the wall of the garage adjacent to the main house, which we understand has subsequently been rectified.
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
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FAQ
About Oak Cottage,, Fox Covert Lane, Chester
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