Summary - 32 CHEYNEY ROAD CHESTER CH1 4BS
5 bed 2 bath Terraced
Chain-free income property close to city amenities and transport links.
Let as 5-bed HMO generating £26,052pa (advertised 8.8% yield)
A five-bedroom mid-terrace in central Chester, currently configured and let as a HMO producing £26,052pa — an advertised 8.8% yield at the listed price. The property was renovated in 2020, comes furnished with appliances and a Nest smart thermostat, and benefits from double glazing and mains gas heating. Its compact footprint includes a small rear garden and easy walking access to the city centre, hospitals, shops and public transport.
This is a clear buy-to-let prospect for investors seeking immediate rental income; the sale includes the fixtures and furniture used for the student let. The layout also offers straightforward conversion to a three-bed residential home with two reception rooms, a large kitchen and a dining room, giving owner-occupiers or landlords flexible options.
Important practical notes: the marketing states a secured contract until July 2023 — buyers should verify current tenancy status and income. The plot is small, and local crime levels are reported as high; walls are solid brick with assumed no cavity insulation, so factor in potential heating and insulation costs if energy efficiency upgrades are required.
Chain-free and positioned in an achieving neighbourhood with good local schools and amenities, this property suits investors prioritising central location and immediate income, or buyers seeking a well-presented conversion opportunity close to Chester city centre.
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