Block of flats for sale

Chester CH1

Proposition

The opportunity to acquire a substantial unique City Centre residential block in the heart of Chester with existing HMO use and development opportunity.
Chester

Chester is the principal City of Cheshire West and Cheshire, and one of the strongest commercial centres in the country. It is considered the commercial and administrative centre for the Cheshire region and is an important tourist destination dating back to its Roman origins. Geographically, the City is located 21 lies South of Liverpool and some 35 miles sw of Manchester with a busy station and mainline railway station within a 10 minute walk of the property, linking it to London, Manchester, Liverpool and beyond.

Chester benefits from strong regional road links to the motorway network via the M56 and M53 motorways being located within a mile or so of the subject property. The A55 N Wales Expressway (the extension of the motorway network) connecting England to the port of Holyhead and thence to Ireland runs immediately to the East and South of the City.

Chester has a resident population exceeding 120,000 with a catchment population of over half a million within 15 miles.
Location

Queen Street runs off one of Chester’s main shopping streets (Foregate Street) and diagonally opposite the subject are the major retailers of Boots The Chemist and Tesco. In addition, the property is within a few metres of all the City’s wider shopping, entertainment and hospitality offers, and the renowned Chester City Wall walking route.
The university

Chester University has a 1st place award for International Study, and 53rd among the top ul Institutions with over 14,000 students, also winning the University of the Year in the nw 2025. It runs over 237 Undergraduate full-time courses. Abbey House is perfectly located for its residents to enjoy the many leisure activities Chester has to offer and is located midway between its two main campuses on Liverpool Road, a 20 minute walk, whilst its Queens Park Campus is a
13 minute stroll through the City.
Property

The property is being 'sold as seen' to include all the landlord’s F&F throughout the property.

The front building comprises a pair of C1770 town houses at the rear, of which a modern three storey extension was added in the 1970's and originally used as a nursing home. The use was changed to student accommodation in 2010.

The accommodation is arranged as shown on the attached plans with two 1-Bed apartments on the ground floor, and 5 other flats as shown, sharing facilities. All flats are carpeted.

The landlords retain the basement and other areas for operational purposes and storage.
Accommodation


Ground Floor
Flat 1, no 24: 1-Bed Flat
Flat 1, no 26: 1-Bed Flat
Flat 2: 2-Bed Flat

First Floor
Flat 3 - Front: 4-Bed
Flat 4 - Rear: 4-Bed

Second Floor
Flat 5 - Front: 4-Bed
Flat 6 - Rear: 3 Bed

Basement
Service area - unmeasured
Tenure

Freehold.
Tenancies & income

Most of the 19 apartments are currently let on individual agreements, these expire on 29 July 2026.

A full schedule can be made available to bona-fide purchasers, but assuming full letting capacity, these will generate £126,420 pa (plus). Additional running costs total approx. £56,000pa and this can be substantiated with management accounts.
Council tax assessments

Flat 1A Band A
Flat 1B Band A
Flat 2 Band A
Flat 3 Band B
Flat 4 Band B
Flat 5 Band B
Flat 6 Band B
Planning

The front of the building is Grade II Listed and falls within Chester City Conservation area.
VAT

The property has not been elected for VAT.
Price

Offers over £1m are invited.
Costs

Each party to be responsible for their own legal costs.

Agent's note
Purchasers will be required to submit themselves to id and aml checking as a strict condition of purchase.
Viewing

The property is occupied and therefore viewings will need to be conducted strictly by prior arrangement only and to be accompanied by a member of the vendor team.

Subject To Contract.