21 Bedroom 9 APARTMENTS IN DEVELOPMENT FOR AN INVESTOR, Chester

ATTENTION INVESTORS! Thomas Property Group are proud to present 1875 Bakers Court, a rare opportunity to acquire a nine-unit residential investment portfolio in a secure development. All apartments are fully let providing an immediate rental return for any investor.

LOCATION The complex is ideally positioned just off the canal, offering a pleasant waterside setting while remaining highly convenient. The River Dee is just a short walk away. The development is also within easy reach of the train station and approximately a 5-10 minute walk into Chester city centre, giving excellent access to shops, restaurants, and amenities. In addition, the apartments are close to the popular suburbs of Boughton and Hoole, both highly regarded areas of Chester known for their local amenities, cafés, and strong community feel.

OVERVIEW A rare opportunity to acquire a self-contained block of nine apartments. Situated within their own private development and sold with tenants in situ providing an immediate and established rental income stream with further potential to increase rents once acquired.

The development is a secure, electrically gated complex, with eight of the apartments accessed through the electric gate, centred around a well-maintained internal courtyard, creating an attractive and well-organised residential environment. The accommodation comprises three x three-bedroom duplex apartments, accessed on the ground floor along with six two-bedroom apartments arranged across the first and second floors, offering a strong and balanced rental mix. Seven of the apartments benefit from allocated parking. The development is well laid out and offers a cohesive, easily managed investment opportunity.

With all apartments currently tenanted and forming part of a single, purpose-built complex, this sale represents an excellent opportunity for investors seeking a secure, income-producing asset with long-term growth potential.

In addition to the residential accommodation, the development also includes the freehold of a commercial unit positioned on the main road frontage. The commercial space pays and annual ground rent of £150 and contribute 19% towards the annual building insurance.


LEASE AND SERVICE CHARGES Lease length: 200 years granted in 2005
Service Charge: £1200 per annum
Ground Rent: £150 per annum


TENANCY SCHEDULE AND LENGTH Apartment 26
Rent: £1300pcm
Tenancy: periodic
3-bedroom duplex apartment
2 allocated parking spaces

Apartment 27
Rent: £1300pcm
Tenancy: periodic
3-bedroom duplex apartment
2 allocated parking spaces


Apartment 28
Rent: £1500pcm
Tenancy: periodic
3-bedroom duplex apartment
2 allocated spaces

Apartment 29
Rent: £700pcm
Tenancy: Assured Shorthold Tenancy
2-bedroom apartment

Apartment 30
Rent: £1300pcm
Tenancy: Assured Shorthold Tenancy
2-bedroom apartment

Apartment 31
Rent: £740pcm
Tenancy: periodic
2-bedroom apartment
1 allocated parking space

Apartment 32
Rent: £975pcm
Tenancy: Periodic
2-bedroom apartment
1 allocated parking space

Apartment 33
Rent: £975pcm
Tenancy: periodic
2-bedroom apartment
1 allocated parking space

Apartment 34
Rent: £1300pcm
Tenancy: periodic
2-bedroom apartment
1 allocated parking space

Total annual rental income: £121,080
Yield 7%


FLOORPLAN These plans are included as a service to our customers and are intended as a GUIDE TO LAYOUT only. Dimensions are approximate.

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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