18 bed Flat For Sale £1,250,000
Apartment Block, Cambrian View, Whipcord Lane, Chester, Cheshire, CH1

Apartment block for sale! 17x studios and 1x one bedroom apartment. Fully let on assured shorthold tenancies in a great Chester location.

Description

Savills are delighted to present a special opportunity to purchase two freehold adjoining blocks, comprising 18 apartments in a sought after Chester location.

Totalling 18 apartments, broken down into 17 studios and a one bedroom, every unit is let on an assured shorthold tenancy agreement, achieving a gross yield of 7.3%.

Apartments that have come available for re-let recently have been refurbished, however there is further scope to modernise apartments and increase rental yields throughout.

Occupying a substantial plot, professionally maintained and let by the current owner, this is undoubtedly a unique opportunity for the discerning investor.

Perched atop Upper Cambrian Road in an enviable position, the development offers excellent access to everything available in Chester city centre.

With outstanding views on offer to the Welsh hills and beyond, the property benefits from a tranquil, peaceful setting which has long proved popular to the buoyant rental market.

Full particulars including photos, EPC's, title plans and rental schedule are available upon request from the office. Please note current photos have been taken on different dates/times and those shown are a selection across the development.

Location

Chester enjoys a significant blend of history intertwined with a modern city feel. Chester Cathedral (0.7m) and the City Walls (0.6m), are two firm favourites with visitors looking to immerse themselves in the rich cultural history of the city.

For academia, the University of Chester is only 0.7m distance away, whilst for sporting endeavours, Chester Golf Club (0.9m), Chester Racecourse (0.6m) and Chester Football Club (1.2m) are also situated nearby.

For entertainment, you can enjoy the multiple bars, restaurants and shopping available in the city centre (0.6m), or visit one of the UK's largest zoos, Chester Zoo! (3.1m). For those looking to relax, a stroll along the River Dee is an option being only 0.3m distance.

Travel links are easy to find too, with Chester rail station 1.3m walk through the centre and bus links available from as close as 0.2m. Chester's inner ring road for vehicle access is also only 0.4m from the property.

Please note all distances quoted are approximate.





Additional Info

Apartment sizes range: 16sqm to 48 sqm (as per EPC's)
EPC ranges: C to E
Council tax: Cheshire West and Chester, band A