Garden Lane, Chester

Property Details: • Type: Terraced • Tenure: FREEHOLD • Floor Area: N/A

Key Features: • Established Three-Bedroom HMO Investment • Currently Fully Let to Students • £23,660 Annual Rental Income • Heart of the Popular Garden Quarter – Close to the University • Strong Appeal to Both Students & Young Professionals

Location: • Nearest Station: Chester Station • Distance to Station: 0.8493840969912678 miles

Agent Information: • Address: 8 Garden Lane, Chester, CH1 4EN

Full Description: 3 Bedrooms Student HMO – Heart of the Garden Quarter | Currently Let to Students | £23,660 Annual Rental Income | Established HMO Investment<br /><br />An excellent opportunity to acquire an established and proven HMO investment in the heart of the highly sought-after Garden Quarter. Currently fully let to students, this three-bedroom property generates a combined rental income of £455 per week, equivalent to £23,660 per annum based on 52 weeks. (The current room rents are £145, £150 and £160 per week.)<br /><br />With an exceptional letting history and, according to the vendor, continuous occupancy for approximately 20 years, the property represents an attractive investment opportunity with a long-established track record in the local rental market.<br /><br />Situated within close proximity to the University and city centre, the property is ideally positioned for the student market. The Garden Quarter is also an attractive location for young professionals, giving the property a broad prospective tenant base and excellent ongoing letting potential.<br /><br />The accommodation comprises three good-sized bedrooms, a comfortable living room, a fully fitted kitchen, and a fitted bathroom with a shower over the bath.<br /><br />This traditional mid-terrace property combines an established income stream, proven letting history and highly desirable rental location, making it a compelling opportunity for investors seeking an established HMO investment.