£1,100,000
(£200.77/sq. ft)
Block of flats for saleEaton Road, Chester CH4
5,479 sq. ft
Back to market
About this property
14 HMO Rooms (Let on AST's)
Additional 2-Bed Manager's Flat
Car Parking for 4-5 Vehicles
Significant Potential for Upgrading
Proposition
This is a fully let residential investment. It is 'owner managed' and comprises 14 former Assured Short-hold Tenancies, with a vacant former manager's flat on the first floor.
The tenants share the communal facilities of kitchens and lounges. All the rooms have en-suite facilities. A full schedule of tenancies is available on request.
The quality of the building is functional and would benefit from upgrading. In our opinion, there is huge scope for the building's current arrangement to be revisited and updated by a new owner. A 3-concept feasibility study has been undertaken by the vendors (a copy of which is available on request).
Location
The suburb of Handbridge lies immediately to the south of the River Dee and plays host to two university and college campuses, a school, and a busy commercial heart. It is in easy and short walking distance of Chester City Centre.
Eaton Road leads to the village of Eccleston, and the properties here consist largely of Victorian Villas. This is one of those and is to be found just a few doors along from the junction with Overleigh Road.
Property
This substantial property comprises an impressive original three storey semi-detached brick building, to the rear of which is a more recent two storey extension.
To the front are attractive full height bay windows, and internally a wealth of original features remain, including a Minton tiled entrance hall, and internal plasterwork features to the ceilings and cornices.
Private off-road car parking is available to the front and side, and an attractive shared private garden to the rear.
Layout plans are attached to these details showing the current arrangement of the property.
Accommodation
Ground Floor
Total: Gia: 2,161 sq ft NIA: 1,607 sq ft comprising:
Large front residents lounge with kitchenette
Separate large communal kitchen
Room 10: Large 1- bed en-suite front room
5 No. 1-bed en-suite rooms
First Floor
Total: Gia: 1,665 sq ft NIA: 1,425 sq ft comprising:
Substantial 2-Bed Front manager's apartment
2 No. 1-bed en-suite rooms
Second Floor
Total: Gia: 1,653 sq ft NIA: 1,447 sq ft comprising:
7 No. 1-bed en-suite rooms
Total Gross Internal Area: 5,479 sq ft
Total Net Internal Area: 4,479 sq ft
Planning
The property is located within the Handbridge Conservation area but is not Listed.
Rating assessments
The property is presently assessed as 'Guest House & Premises' with a Rateable Value (w.e.f. 1/4/26) of £12,250 pa.
Tenancies
The property is actively managed - there are 14 tenants plus a large vacant manager's flat.
The approximate headline income is circa £132,000, with the letting of the manager's flat. In the short term, the vacant flat offers the early opportunity to develop this for extra rooms.
EPC
The property has an energy rating of 'C'.
Price
£1.1m (no VAT).
VAT
The property has not been elected for VAT.
Costs
Each party to be responsible for their own legal costs.
Agent's note
It is a legal requirement that purchasers must verify their identities once a sale has been agreed. The purchasers will be required to supply proof of identity which will be checked by an external agency.
Viewing & additional information
Full plans and tenancy schedules are available from the sole selling agents. Viewings may be conducted with appropriate site notice.
Subject To Contract.
This is a fully let residential investment. It is 'owner managed' and comprises 14 former Assured Short-hold Tenancies, with a vacant former manager's flat on the first floor.
The tenants share the communal facilities of kitchens and lounges. All the rooms have en-suite facilities. A full schedule of tenancies is available on request.
The quality of the building is functional and would benefit from upgrading. In our opinion, there is huge scope for the building's current arrangement to be revisited and updated by a new owner. A 3-concept feasibility study has been undertaken by the vendors (a copy of which is available on request).
Location
The suburb of Handbridge lies immediately to the south of the River Dee and plays host to two university and college campuses, a school, and a busy commercial heart. It is in easy and short walking distance of Chester City Centre.
Eaton Road leads to the village of Eccleston, and the properties here consist largely of Victorian Villas. This is one of those and is to be found just a few doors along from the junction with Overleigh Road.
Property
This substantial property comprises an impressive original three storey semi-detached brick building, to the rear of which is a more recent two storey extension.
To the front are attractive full height bay windows, and internally a wealth of original features remain, including a Minton tiled entrance hall, and internal plasterwork features to the ceilings and cornices.
Private off-road car parking is available to the front and side, and an attractive shared private garden to the rear.
Layout plans are attached to these details showing the current arrangement of the property.
Accommodation
Ground Floor
Total: Gia: 2,161 sq ft NIA: 1,607 sq ft comprising:
Large front residents lounge with kitchenette
Separate large communal kitchen
Room 10: Large 1- bed en-suite front room
5 No. 1-bed en-suite rooms
First Floor
Total: Gia: 1,665 sq ft NIA: 1,425 sq ft comprising:
Substantial 2-Bed Front manager's apartment
2 No. 1-bed en-suite rooms
Second Floor
Total: Gia: 1,653 sq ft NIA: 1,447 sq ft comprising:
7 No. 1-bed en-suite rooms
Total Gross Internal Area: 5,479 sq ft
Total Net Internal Area: 4,479 sq ft
Planning
The property is located within the Handbridge Conservation area but is not Listed.
Rating assessments
The property is presently assessed as 'Guest House & Premises' with a Rateable Value (w.e.f. 1/4/26) of £12,250 pa.
Tenancies
The property is actively managed - there are 14 tenants plus a large vacant manager's flat.
The approximate headline income is circa £132,000, with the letting of the manager's flat. In the short term, the vacant flat offers the early opportunity to develop this for extra rooms.
EPC
The property has an energy rating of 'C'.
Price
£1.1m (no VAT).
VAT
The property has not been elected for VAT.
Costs
Each party to be responsible for their own legal costs.
Agent's note
It is a legal requirement that purchasers must verify their identities once a sale has been agreed. The purchasers will be required to supply proof of identity which will be checked by an external agency.
Viewing & additional information
Full plans and tenancy schedules are available from the sole selling agents. Viewings may be conducted with appropriate site notice.
Subject To Contract.
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