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 work2-bedroom flat · CH1 4BD
Sold STCListed 296 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO SERVICE CHARGE!
Recently refurbished throughout, a superbly presented first floor, two bedroom apartment set within a prestigious and quiet cul de sac, tucked away at the end of the development while remaining highly convenient for Chester and the full range of amenities and facilities within the city centre.
The property has undergone a comprehensive programme of improvement and now presents as virtually new, including fresh paint throughout, new carpets, a brand new fitted kitchen with new white goods and appliances, and a newly installed contemporary en suite.
The accommodation comprises a spacious living room with open plan kitchen, two well proportioned bedrooms, with the principal bedroom benefitting from a modern en suite, and a stylish family bathroom.
Off the hallway is a useful storage cupboard housing a recently installed gas combi boiler.
Further benefits include large windows providing excellent natural light, an allocated parking space, and well maintained communal areas.
The property is managed by a residents' management company, with each apartment owner acting as a director.
There is no ground rent, and any new owner would assume the seller's position within the company.
The apartment enjoys excellent road links to Manchester, Liverpool and North Wales, with Bache railway station within easy reach and convenient access to the A55 and M56.
Ideally situated close to Total Fitness and Morrisons. LEASEHOLD INFO The Flat is Leasehold with the original lease in 2013 being a 999 year lease.
The ground rent is peppercorn and has never been levied.
The Landlord is effectively the Property Management Company which the new owner will become a Director of and will thus have a full say in controlling the property.
There are only three other Directors (one for each other flat).
Annual service fees are currently only the contribution to the Property Insurance and and some other minor company expenses - property insurance contributions have been roughly £200 per annum.
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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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 39-41 West Bank, Abbots Park, Chester
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