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5 bed property
Tarvin Road, Boughton, Chester, Cheshire CH3
£260,000
Tarvin Road, Boughton, Chester, Cheshire CH3
£260,000
Our Summary
- With ongoing regeneration projects such as Chester Northgate boosting the city’s infrastructure and long-term housing demand, this property represents a well-positioned, high-yielding asset offering investors dependable income and strong growth potential in a thriving North West market
Description
This 5-bedroom, 2-bathroom HMO property in Chester is a strong investment opportunity, generating a gross annual income of £29,424 and a yield of 11.32%. The property is fully tenanted and benefits from consistent demand from working professionals due to its proximity to the city centre, university, and major employers. The property's excellent rail links and access to major roads make it an attractive option for commuters. With ongoing regeneration projects in the area, the property's value and rental income are expected to increase over time. The current income breakdown shows a total monthly income of £2,452, with a total annual expenditure of £6,901.80, resulting in a net annual income of £22,522.20 and a net yield of 8.66%. The property is fully compliant with all necessary licenses and certifications, making it a reliable and attractive investment option.