High-yield licensed HMO with garage and large rear garden.
Five letting rooms across three floors
A ready-made HMO investment in Chester, fully licenced and recently renovated across three storeys. The property is arranged as five letting rooms with two separate kitchens and two bathrooms, including a self-contained top-floor unit with en-suite. Current income is £29,400 pa, giving a gross yield of 12.25% with scope to increase some rents.
Practical strengths include a large enclosed rear garden, rear garage, mains gas central heating, double glazing and up-to-date gas and electrical safety certificates. Three tenants have occupied the property for over three years, which supports income stability, while the layout allows both shared and self-contained letting options for flexibility.
Be aware of the material considerations: the EPC is graded D and the property’s original solid-brick walls are assumed to lack cavity insulation, which may affect running costs and future improvement works. The plot is relatively small and the property sits in a terrace of period homes, so external expansion options are limited.
This is offered strictly for investor purchase only. It suits buyers seeking an HMO with immediate income, recent renovation work already completed, and clear potential for rental uplifts and continued yield performance in an affluent, family-orientated area of Chester.
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