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See how verdicts work5-bedroom house · CH1 2AE
Listing removedListed 419 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 19th century terrace house currently utilised as a five letting bedroom HMO, in a superb residents’ permit parking conservation area location within the City Walls.
A distinct alternative to traditional interest bearing investments, this House in Multiple Occupation is in a great location, being within walking distance of the myriad amenities in and around this historic city, as well as producing a healthy rental income.
All five rooms have been let for the 2025/2026 academic year, with three of the rooms producing £525 per calendar month and the other two £499 per calendar month, on 11 month contracts with the landlord being responsible for the payment of utility bills.
Prospective purchasers should be aware that the property was subject to some subsidence due to a drainage leak, but in 2004 this was rectified by the insurers and a Certificate of Structural Adequacy was provided in 2005.
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
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FAQ
About 10, Water Tower Street, Cheshire
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