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Beaconsfield Street, Chester, Cheshire 4 bed terraced house for sale
Beaconsfield Street, Chester, Cheshire
£200,000
Beaconsfield Street, Chester, Cheshire
£200,000
Our Summary
- A period extended terrace house arranged over three floors, requiring minor improvement, and located close to Chester’s Historic City Centre, the River Dee, Chester Meadows, and the mainline railway station
- Ideal for investors seeking a potential gross yield of around 12%, the property also offers strong potential for conversion back to a single-family residence, subject to the necessary consents
- FOR SALE BY ONLINE AUCTION
- For sale by online auction
- Requires refurbishment
Description
This three-story extended terrace house, located near Chester's city center, river, and mainline railway station, is a versatile property that offers both immediate rental income and future value-add opportunities. Previously used as a four-bedroom HMO, it generated £22,584 per annum in rent, with a potential gross yield of around 12%. The property requires minor improvement and also has strong potential for conversion back to a single-family residence, subject to necessary consents, making it an ideal investment opportunity for those seeking a mix of immediate income and future growth.