1 bedroom apartment

Rope Works, Whipcord Lane, Chester, CH1 4DG

Size: sqm

Purchase price

£137,500

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £9,600
Ground rent £150
Service charge £1,200
Net income £8,250
Gross yield 6.98%
Net yield 6.00%

This beautiful bright one bedroom apartment comprises of; hallway leading into a spacious double bedroom, modern bathroom including a three piece suite and an open plan living area and kitchen. The apartment is located at the bottom of a quiet residential street. Unallocated Park is available on the development to.

Rope Works is close to Chester Racecourse and the River Dee with many canal towpaths to enjoy. Chester has earned a reputation as one of the most beautiful cities in the UK. It has excellent transport links making it ideal for renters and commuters and the motorway network easily connects it with North Wales, Liverpool and Manchester. CH1 is a popular area with 384 transactions recorded in the past 12 months, which is 114.3% higher than the national average of 179. The majority of sales in CH1 during the last year were terraced properties, selling for an average price of £236,983. Flats sold for on average £195,003 which means this property is priced below average and is a great opportunity for investment. Overall, sold prices in CH1 over the last year were 16% up on the previous year and 19% up on the 2017 peak of £212,463.

Chester is currently undergoing exciting projects of regeneration which include the £72m Chester Northgate project which aims to transform the city, increase tourism, create jobs and drive economic growth. The scheme will deliver a new leisure destination which includes a new public square, an indoor market hall, a six screen cinema, cafes and restaurants, co-working office spaces and a multi-storey car park. There hasn’t ever been a better time to invest in property in Chester. Enquire today!

ATTENTION INVESTORS! GENERATE INSTANT INCOME ON THE BEAUTIFUL ONE BEDROOM APARTMENT. Spacious one bedroom apartment available, located in the heart of Chester.

Interested in this property? Enquire today for more information

Key features

Key features

Beautiful One Bedroom Apartment

Key features

Sold With Tenant In Situ

Key features

Great Location

Key features

Close By To Chester City Centre & Chester Races

Key features

Parking Available

Key features

Quiet Residential Location

ATTENTION INVESTORS! GENERATE INSTANT INCOME ON THE BEAUTIFUL ONE BEDROOM APARTMENT. Spacious one bedroom apartment available, located in the heart of Chester. More info...

This beautiful bright one bedroom apartment comprises of; hallway leading into a spacious double bedroom, modern bathroom including a three piece suite and an open plan living area and kitchen. The apartment is located at the bottom of a quiet residential street. Unallocated Park is available on the development to.

Rope Works is close to Chester Racecourse and the River Dee with many canal towpaths to enjoy. Chester has earned a reputation as one of the most beautiful cities in the UK. It has excellent transport links making it ideal for renters and commuters and the motorway network easily connects it with North Wales, Liverpool and Manchester. CH1 is a popular area with 384 transactions recorded in the past 12 months, which is 114.3% higher than the national average of 179. The majority of sales in CH1 during the last year were terraced properties, selling for an average price of £236,983. Flats sold for on average £195,003 which means this property is priced below average and is a great opportunity for investment. Overall, sold prices in CH1 over the last year were 16% up on the previous year and 19% up on the 2017 peak of £212,463.

Chester is currently undergoing exciting projects of regeneration which include the £72m Chester Northgate project which aims to transform the city, increase tourism, create jobs and drive economic growth. The scheme will deliver a new leisure destination which includes a new public square, an indoor market hall, a six screen cinema, cafes and restaurants, co-working office spaces and a multi-storey car park. There hasn’t ever been a better time to invest in property in Chester. Enquire today!

  • Key features
    Tick Desktop Beautiful One Bedroom Apartment
    Tick Desktop Sold With Tenant In Situ
    Tick Desktop Great Location
    Tick Desktop Close By To Chester City Centre & Chester Races
    Tick Desktop Parking Available
    Tick Desktop Quiet Residential Location
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £9,600
Ground rent £150
Service charge £1,200
Net income £8,250
Gross yield 6.98%
Net yield 6.00%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.