3 Green Lane, Vicars Cross, Chester, Cheshire, CH3 5LA
- Unconditional Online Sale
- Offers in Excess of : £375,000
- Bedrooms: 6
- Bathrooms: 6
- Reception Rooms: 1
Fully Licensed 6-Bed 6-Bath HMO (5 Ensuites) | £48,300 Annual Income | 12.88% Gross Yield | Prime Chester Location | Near City Centre & Employers | Professional Tenants | Strong Rail & Road Links
Description
This well-presented, fully licensed 6-bedroom HMO—featuring six bathrooms with five ensuite rooms—offers a compelling high-yield investment opportunity in a prime Chester location. Fully tenanted by working professionals, the property generates £48,300 in annual rental income, delivering an impressive gross yield of 12.88% with stable occupancy and dependable cash flow. Ideally positioned close to Chester city centre, major employers, and a wide range of local amenities, the property benefits from consistently strong demand from professional tenants. Excellent rail connections to Liverpool and Manchester, together with convenient access to the M53 and M56, further enhance its appeal to commuters and working professionals. Supported by ongoing Chester Northgate and wider city centre regeneration, the area continues to benefit from investment and sustained rental demand. This asset represents a resilient, income-generating investment with outstanding yield potential and attractive long-term growth prospects in one of the North West’s most established rental markets.
Income Breakdown (Monthly)
| Room 1: £685 |
| Room 2: £665 |
| Room 3: £650 |
| Room 4: £660 |
| Room 5: £635 |
| Room 6: £730 |
| Total Monthly Income: £4,025.00 |
| Total Annual Income: £48,300.00 |
Expenditure Breakdown (Monthly):
| Gas: £164 |
| Electric: £177 |
| Water: £127 |
| Council Tax: £223 |
| TV Licence: £15 |
| Broadband: £60 |
| Cleaner: £140 |
| Management: Self-managed |
| Gardening: £50 |
| Insurance: £21 |
| Total Monthly Expenditure: £977.00 |
| Total Annual Expenditure: £11,724.00 |
Investment Performance:
| Net Annual Income: £36,576.00 |
| Gross Yield: 12.88% |
| Net Yield: 9.75% |
Committed Sale Process
This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.
If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.
Full details of the Committed Sale process are available within the legal pack or from the HMO X team.
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Financing
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