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Whipcord Lane, Chester, CH1

£360,000 Freehold

7
EXCELLENT INVESTMENT OPPORTUNITY. A superb, fully refurbished and now very well appointed 7 BEDROOM fully licensed HMO very close to Chester University's main campus building on Cheyney Road. The property has 2 shower rooms, communal living room and well equipped kitchen. CURRENTLY FULLY LET WITH A GROSS ANNUAL INCOME CIRCA £40,000.

Summary

EXCELLENT INVESTMENT OPPORTUNITY. A superb, fully refurbished and now very well appointed 7 BEDROOM fully licensed HMO very close to Chester University's main campus building on Cheyney Road. The property has 2 shower rooms, communal living room and well equipped kitchen. CURRENTLY FULLY LET WITH A GROSS ANNUAL INCOME CIRCA £40,000.

Key features

  • EXCELLENT INVESTMENT CHANCE
  • FULLY LICENSED 7 BEDROOM HMO
  • JUST REFURBISHED
  • VERY CLOSE TO UNIVERSITY CAMPUS
  • VERY WELL APPOINTED
  • 2 SHOWER ROOMS
  • FULLY LET AT PRESENT
  • NO ONWARD CHAIN

Full Description

LETTING DETAILS The property is currently fully let on 12 month contracts for each room. The monthly rental figures currently are as follows:
Room 1 £500
Room 2 £455
Room 3 £500
Room 4 £500
Room 5 £450
Room 6 £450
Room 7 £500
Total £3,355 per month. (£40,260 pa)

LOCATION The property is set a short walk away from the main campus of Chester University. There are local shops and pubs close by. Chester City Centre is also within walking distance.

HALL With wood effect laminate floor and radiator.

LIVING ROOM 13' 6" x 11' 6" (4.11m x 3.51m) With a feature fireplace, radiator and wood effect laminate floor. Picture rail and UPVC double glazed window.

KITCHEN 15' 5" x 8' 10" (4.7m x 2.69m) A newly installed fitted kitchen with a range of fitted floor and wall units. Dishwasher and washing machine. Two gas hobs with extractor hoods over. 2 ovens and a sink unit. Ideal combi boiler. Wood effect laminate floor and fridge/freezer. Radiator and 2 UPVC double glazed windows. Spotlights and wood effect laminate floor. Door to rear.

BEDROOM 1 14' 1" x 10' 11" (4.29m x 3.33m) plus bay. With radiator and UPVC double glazed window.

BEDROOM 2 9' 0" x 9' 6" (2.74m x 2.9m) With radiator and UPVC double glazed window.

BEDROOM 3 9' 5" x 7' 8" (2.87m x 2.34m) With radiator and UPVC double glazed window.

BEDROOM 4 11' 6" x 7' 1" (3.51m x 2.16m) With radiator and UPVC double glazed window.

BEDROOM 5 8' 9" x 7' 3" (2.67m x 2.21m) With radiator and UPVC double glazed window.

SHOWER ROOM 1 5' 6" x 5' 1" (1.68m x 1.55m) With a white suite of a WC, wash hand basin on a vanity unit and shower cubicle. Wood effect laminate floor, heated towel rail and extractor fan. Frosted UPVC double glazed window.

SHOWER ROOM 2 9' 1" x 4' 1" (2.77m x 1.24m) With a white suite of a WC, wash hand basin on a vanity unit and shower cubicle. Wood effect laminate floor, heated towel rail and extractor fan.

BEDROOM 6 8' 0" x 8' 4" (2.44m x 2.54m) With radiator and UPVC double glazed window.

BEDROOM 7 8' 7" x 14' 9" (2.62m x 4.5m) max with restricted headroom. With 2 Velux roof windows and radiator.

OUTSIDE To the rear is a walled courtyard with gate and brick sheds.

PROPERTY NOTES The property is a fully licensed 7 bedroom HMO.

Viewing/Disclaimer

Please contact us on 01244 345664 if you wish to arrange a viewing appointment for this property or require further information.

Energy Performance Certificate
Click here to view the Energy Efficiency Rating and Environmental Impact Rating for this property.


Changing Home - CH1 endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
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