20 City Suites, Chester - 1-Bed Apartment, CH1 3AX

Prime Investment Opportunity | High-Yield 1-Bed City Centre Apartment | City Suites, Chester

Key Features: - Asking Price: £149,000 - Strong Net Yield: Estimated 6.7% Net return (with proven revenue history) - Proven Track Record: Generated £13,789.55 in short-term let (STL) gross income - Prime Location: Situated on City Road, just a 2-minute walk to Chester Railway Station and minutes from the historic city centre - Versatile Strategy: Ideal as a high-demand holiday let / STL or traditional long-term residential let - EPC Rating: Grade C Property

The Opportunity: A superb opportunity to acquire a spacious, modern one-bedroom second-floor apartment located in the popular City Suites development on City Road, central Chester.

Priced at £149,000, this turnkey property represents an attractive, hassle-free addition to any investment portfolio. Having already proven its earning potential on short-term let platforms (generating £13,789.55), it is ideally suited for investors looking to capitalize on Chester's booming tourism and corporate stay markets.

Investment Summary & Financials: - Asking Price: £149,000 - Gross Yield Potential: Strong dual-strategy appeal (Short-Term Let vs. AST) - Target Net Yield: ~6.7% Net - Historic Short-Term Let Income: £13,789.55 - Estimated Annual Service Charge: £1,376 - EPC Rating: C

The Property Situated on the second floor, Apartment 20 offers a generous layout designed for modern living: - Living / Dining Area: Spacious, light-filled open-plan reception room. - Kitchen: Fully fitted kitchen equipped with integrated appliances. - Bedroom: Well-sized double bedroom. - Bathroom: Modern 3-piece bathroom suite.

Location & Amenities: City Suites occupies a prime central position on City Road, serving as an ideal hub for commuters, tourists, and working professionals: - Chester Railway Station: Approx. 2-minute walk (under 300 yards), providing direct links to Liverpool, Manchester, and London Euston. - Chester City Centre: A short 5-minute walk to the historic City Walls, Chester Cathedral, shopping rows, and vibrant restaurants/bars. - Local Hotspots: Situated close to popular dining spots along the Shropshire Union Canal and Grosvenor Park.

Viewings & Enquiries: Exclusively represented by Residential Estates. Contact our team today to discuss the income performance or arrange a viewing.

Tenure: Leasehold (240 years) Ground Rent: £350 per year Service Charge: £1,376 per year