Property Details: - Type: Apartment - Bedrooms: 8 - Bathrooms: 8

Agent: Thomas Property Group - Chester Phone: 01244 725682

<strong>LOCATION</strong> <strong></strong> Located in the historic city of Chester, this apartment complex enjoys a prime position alongside the River Dee and is just a short stroll from the vibrant city centre, home to an array of shops, restaurants, and cafés. Close by is Chester Racecourse, officially the oldest operational racecourse in the UK and the world, adding to the appeal of this highly sought-after location.<br/><br/>Perfectly placed for those seeking a property with strong investment potential, these apartments offer an outstanding opportunity in one of Chester's most attractive and desirable settings. Located within Cestria II Quayside, between Sealand Road and New Crane Street, the development benefits from allocated parking, and attractive river and canal views. <br/><br/><strong>OVERVIEW</strong> <strong></strong> All four apartments are currently managed by our award-winning lettings and management team, making it the perfect on-going hands-off investment.<br/><br/>A collection of four furnished 2-bedroom, 2-bathroom apartments in a prime Chester location, each offering modern living with the convenience of allocated parking. These well-presented apartments feature contemporary interiors, open-plan living spaces, and ensuite master bedrooms, making them desirable homes for tenants, perfect for investors.<br/><br/>The apartments benefit from efficient electric heating, with EPC ratings ranging between B and C, ensuring comfortable and cost-effective living. The building itself is well maintained by the block management company, providing a clean, secure, and well-run environment for residents.<br/><br/>The total annual income from all the apartments is £57,600<br/>Current net return for all apartments per year is £36,000 <br/><br/><strong>TENANCY</strong> <strong>SCHEDULE</strong> <strong></strong> <strong></strong> Apartment 5 Cestria II - £1100pcm - tenancy on periodic<br/>Apartment 8 Cestria II - £1250pcm - tenancy until 13th August 2026<br/>Apartment 10 Cestria II - £1200pcm - tenancy until 6th July 2026 <br/>Apartment 16 Cestria II - £1250pcm - tenancy until 4th February 2026 <br/><br/><strong>LEASE</strong> <strong>AND</strong> <strong>SERVICE</strong> <strong>CHARGE</strong> <strong></strong> Lease remaining: 142 years <br/>Annual ground rent for each apartment per year: £200 <br/>Annual service charge for each apartment: £1822.80 <br/><br/><strong>FLOORPLAN</strong> <strong></strong> These plans are included as a service to our customers and are intended as a GUIDE TO LAYOUT only. Dimensions are approximate. <br/><br/><strong>ANTI-MONEY</strong> <strong>LAUNDERING</strong> <strong>REGULATIONS:</strong> <strong></strong> Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. <br/><br/><strong>COPYRIGHT</strong> <strong></strong> Copyright (C): Thomas Property Group MMXXII: All Rights Reserved. You may download, store and use the material for your own private and personal use only.<br/><br/>You may not copy, reproduce, republish, retransmit, redistribute or otherwise make the material available to any party, any other agent or third party, or make the same available on any for sale particulars or marketing materials, website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the Thomas Property Group's express prior written consent.<br/><br/>The Thomas Property Group copyright remains on all photographs, floorplans and other materials on the sales particulars and websites at all times including after the property is sold or withdrawn from the market