Summary - 62 BROOK STREET CHESTER CH1 3DN
4 bed 1 bath Terraced
Income-ready city-centre property close to station and transport links.
Freehold mixed-use building with ground-floor shop and 4-bed flat above
Projected gross yield c.9.2% when fully let (vendor figure)
Ground-floor unit currently leased as takeaway at £12,500pa (20-year lease)
Four-bedroom duplex flat with separate street entrance and large kitchen-diner
Victorian character façade in City Centre Conservation Area—alterations restricted
No private garden or parking; small plot in dense city centre location
Local area: very high crime rate and higher deprivation—management implications
Hive-controlled central heating; some rooms currently let with bills included
A large mixed-use freehold on Brook Street, Chester, offers immediate income and long-term upside. The ground-floor commercial unit is let as a takeaway; the self-contained four-bedroom duplex above has its own street entrance and generates room-let income. The vendor reports a projected gross yield of circa 9.2% when fully let, making this attractive to investors seeking central-city cashflow.
The flat is roomy for its location: a generous living room with street-facing windows, a large kitchen-diner and four good-sized bedrooms across two floors. Practical features include a modern combi boiler with Hive control and separate WC and bathroom. The building’s Victorian red-brick façade and sash windows sit within the City Centre Conservation Area, which helps preserve character but may restrict external alterations.
Buyers should note material considerations plainly. The area records very high crime levels and is relatively deprived, which can affect tenant demand and management costs. The plot is small with no private garden or parking. Part of the income depends on the existing 20-year lease for the shop (signed 2018 at £12,500pa) and current room lets that include bills; purchasers should verify tenancy details and rates. Conservation-area status and mixed-use layout mean any conversion or major changes will require consents.
For an investor this is a hands-on opportunity: strong central location close to the station, good broadband and mobile signal, established rental demand from a cosmopolitan, multicultural neighbourhood. For others considering occupation, be aware of the commercial tenancy, ongoing lettings and the surrounding urban environment.
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