1-bedroom flat · CH1 3AX
Sold STCListed 475 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern City Centre 1-Bed Apartment - Turnkey Investment Opportunity! Apt 2 City Suites, 38 City Road, Chester, CH1 3AX Price: £145,000 Net Yield: Approx.
6.3% Lease Length: 246 years remaining Service Charge: £1,845.52 | Ground Rent: £350 p.a.
Tenure: Leasehold EPC Rating: Available on request A beautifully presented and fully furnished one-bedroom apartment, ideally located in the heart of Chester city centre - just steps from Chester Railway Station.
This spacious second-floor apartment is part of the sought-after City Suites development, completed in 2019, and offers an excellent opportunity for investors, professionals, or first-time buyers.
Boasting 64 sq. metres of contemporary living space, the property is a short walk from the city's shops, award-winning restaurants, historic attractions, and vibrant nightlife.
Key Features: Generous double bedroom with fitted furniture Bright, open-plan living/dining area Modern kitchen with integrated appliances Stylish bathroom with quality fittings 犯 Large windows offering plenty of natural light 晴 Sold fully furnished - ready to let or move into Secure, low-maintenance building Prime location next to Chester Train Station Investment Highlights: Proven rental income: Gross £23,481.91 (Oct 2022 - Sept 2023) Net income approx.
£9,545.50 after fees, service charges, and ground rent Mixed-use building with strong demand for both short-term and long-term rentals Letting and management in place via Residential Estates & Hurst Property Management Furniture included - perfect turnkey investment High capital growth potential in a thriving and historic city With Chester's popularity as both a business and tourist destination, this apartment is an ideal choice for investors seeking stable income and long-term growth.
Whether you're expanding your portfolio or buying your first home, this city-centre gem ticks all the boxes. Arrange a viewing today!
Contact Residential Estates for access arrangements and further details. Tenure: Leasehold (240 years) Ground Rent: £350 per year Service Charge: £1,027 per year
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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 1-Bed Apartment - City Suites
Explore nearby
