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£145,000

Bed Apartment - City Suites, CH1

  • 1 bed
Flat

£145,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£662 per month

Minimum deposit amount:

£7,250
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Modern City Centre 1-Bed Apartment - Turnkey Investment Opportunity!

Apt 2 City Suites, 38 City Road, Chester, CH1 3AX
Price: £145,000
Net Yield: Approx. 6.3%
Lease Length: 246 years remaining
Service Charge: £1,845.52 Ground Rent: £350 p.a.
Tenure: Leasehold
EPC Rating: Available on request

A beautifully presented and fully furnished one-bedroom apartment, ideally located in the heart of Chester city centre - just steps from Chester Railway Station.

This spacious second-floor apartment is part of the sought-after City Suites development, completed in 2019, and offers an excellent opportunity for investors, professionals, or first-time buyers. Boasting 64 sq. metres of contemporary living space, the property is a short walk from the city's shops, award-winning restaurants, historic attractions, and vibrant nightlife.

Key Features:
?? Generous double bedroom with fitted furniture
?? Bright, open-plan living/dining area
?? Modern kitchen with integrated appliances
?? Stylish bathroom with quality fittings
?? Large windows offering plenty of natural light
?? Sold fully furnished - ready to let or move into
?? Secure, low-maintenance building
?? Prime location next to Chester Train Station


Investment Highlights:
? Proven rental income: Gross £23,481.91 (Oct 2022 - Sept 2023)
? Net income approx. £9,545.50 after fees, service charges, and ground rent
? Mixed-use building with strong demand for both short-term and long-term rentals
? Letting and management in place via Residential Estates & Hurst Property Management
? Furniture included - perfect turnkey investment
? High capital growth potential in a thriving and historic city

With Chester's popularity as both a business and tourist destination, this apartment is an ideal choice for investors seeking stable income and long-term growth.

Whether you're expanding your portfolio or buying your first home, this city-centre gem ticks all the boxes.

?? Arrange a viewing today!
Contact Residential Estates for access arrangements and further details.

Tenure: Leasehold (240 years)
Ground Rent: £350 per year
Service Charge: £1,027 per year
Parking options: Residents

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