£1,100,000

Block of flats for sale

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Just added

Offers over

£1,100,000

(£200.77/sq. ft)

Block of flats for sale

Eaton Road, Chester CH4

5,479 sq. ft

Local area information

Property location

Nearby amenities

  • Overleigh St Mary's CofE Primary School 0.2 miles
  • The Catholic High School, Chester A Specialist Science College 0.2 miles
  • Chester 1.1 miles
  • Bache 1.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Chester to find out more about the local area.

Features and description

  • 15 HMO Rooms (all 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 HMO. It is 'owner managed' and comprises 15 Assured Short-hold Tenancies, with an on-site managing agent currently occupying the 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 current offer is functional but 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 of £9,300.

The rv from 1 April 2026 is £12,250.
Tenancies

The property is actively managed - there are 15 AST tenants plus a large manager's flat.

The approximate headline income is circa £130,000.
EPC

The property has an energy rating of 'C'.
Price

Offers in excess of £1.1m.
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.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Cheshire
  4. Chester
  5. Handbridge
  6. Eaton Road