Summary - 8 GRANVILLE ROAD CHESTER CH1 4DD
6 bed 3 bath Terraced
High-yield student investment steps from the city with refurbishment upside.
Six-bedroom mid-terrace HMO within walking distance of city centre
Let through Chester Student Lets; five of six rooms currently occupied
Current rent £33,820 pa; projected £44,500 for 2026–27 after refurb
Impressive headline yield around 10.4% at asking price
Renovated throughout in 2018; sold with furniture and NEST thermostat
Compact overall size (1,164 sq ft); rooms and garden are small
Solid brick walls, assumed no cavity insulation; ongoing management needed
Chain free freehold; council tax Band B (low) and fast broadband
A six-bedroom mid-terrace HMO in Granville Road, walking distance to Chester city centre and local amenities. The property is currently let through Chester Student Lets, producing £33,820 pa with five of six rooms occupied and a recorded secured contract until July 2023. Following a recent refurbishment, projected income for 2026–27 is estimated at £44,500, giving an impressive headline yield around 10.4% at the asking price.
Internally the house was renovated in 2018 and presents modern communal spaces: an open-plan lounge/kitchen, utility room, two reception rooms (used as bedrooms), two bathrooms plus a converted loft with en-suite and kitchenette. Included in the sale are furniture and student-friendly extras such as a NEST internet thermostat and a large flat-screen TV — helpful if retaining as a managed HMO.
Practical points for investors and owner-occupiers: the overall footprint is relatively small (approximately 1,164 sq ft) and rooms are compact, which suits student or professional sharers but may limit alternative uses. The building is solid-brick (no known insulation) and, while renovated, it will need ongoing management and periodic maintenance typical of multi-let homes. The property is offered chain-free and freehold, with a small rear garden and good local transport and broadband connectivity.
This listing will suit an investor seeking an established HMO with immediate rental history and refurbishment upside, or a buyer wanting a central, adaptable house to convert to a 4-bedroom residential layout. Be aware of the current let position (five of six occupied) and confirm tenancy details and contract status during due diligence.
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