12 Bedroom Apartment, Chester
Offers In Region Of £1,100,000
Features
12
12
6
- Leasehold
- Floor area: 0.00sq ft
- Investment opportunity
- Block of six 2 bedroom apartments
- Five duplex apartments
- Attractive turnkey investment opportunity
- Consistently strong rental demand
- Fully tenanted providing immediate rental income
- Total annual income £69,840
- 6.4% yield
- Leasehold 984 years
Property details
ATTENTION INVESTORS! Thomas Property Group presents an attractive opportunity to acquire a portfolio of six well-presented two-bedroom apartments located in the highly sought after area of Hoole, Chester. These units offer strong rental appeal and consistent demand due to location and most have 2 en suites. The apartments are fully let and provide an ideal turnkey investment for buyers seeking reliable income in a prime residential location.
LOCATION Hoole is one of Chester's most sought-after neighbourhoods. With plenty of independent shops, cafes and restaurants. The area offers excellent connectivity, located just a short walk from Chester train station and within easy reach of the city centre. With its blend of convenience, character, and strong local amenities, Hoole is an ideal location for investment and remains highly attractive to both existing and prospective tenants.
OVERVIEW This well-maintained property comprises six modern two-bedroom apartments, arranged as three ground-floor units and three first-floor units. Five of the apartments are spacious duplex layouts. Situated in a highly desirable area of Hoole, Chester, the building benefits from consistently strong rental demand, with units typically letting very quickly. The property is offered for sale with tenants in situ, providing an immediate and reliable income stream for investors. The development has allocated parking for all apartments.
Alexandra Court is fully managed by our award-winning lettings and management team, making it the perfect on-going hands off investment.
LEASE AND SERVICE CHARGE Lease remaining: 984 years
Annual ground rent: £200
Total annual service charge: £2000
TENANCY SCHEDULE AND LENGTH Apartment 1 - £1050pcm - tenancy until 24th June 2026
Apartment 2 - £950pcm - periodic tenancy
Apartment 3 - £880pcm - periodic tenancy
Apartment 4 - £895pcm - periodic tenancy
Apartment 5 - £1050pcm - tenancy until 7th September 2026
Apartment 6 - £995pcm - periodic tenancy
Total annual income: £69,840
VIEWINGS Viewing is strictly by appointment, only through Thomas Property Group. Contact us to arrange yours.
AML ANTI - MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale
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