Fully let for next year with strong rental yield and low maintenance requirements.
- Five-bedroom HMO, licensed and fully let for next year
- Gross annual income around £35,620 for 52 weeks
- Recently redecorated; modern kitchen and good overall condition
- Mains gas central heating, double glazing, fire and CO alarms
- Compact property: approximately 978 sq ft, small plot
- Solid brick walls likely without cavity insulation (energy upgrade needed)
- Two bathrooms only; limited communal space for tenants
- Convenient central location near university and two train stations
A well-presented mid-terrace five-bedroom HMO located a short walk from Chester city centre and the university, offering immediate rental income and straightforward management. The property is currently fully let for next year, producing a gross annual income of approximately £35,620 (52 weeks), making it suitable for investors targeting student and professional lets. Recent redecoration and modern kitchen fittings mean minimal immediate repair work.
The house is compact at around 978 sq ft and sits on a small plot with a walled patio-style rear garden. It benefits from mains gas central heating, double glazing, a fire alarm and carbon monoxide system, and connections to all mains services. Being a licensed HMO reduces letting uncertainty and supports ongoing tenancy arrangements.
Buyers should note the property’s Victorian solid-brick construction likely lacks wall insulation, which could affect energy efficiency and running costs until improved. The footprint is modest and communal facilities are limited to a small garden and two bathrooms, so future conversion or expansion potential is constrained. Overall, this is a low-maintenance, income-producing opportunity in an affluent, low-crime, well-connected area popular with students and professionals.
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