Total views: 2343
MapOffers in excess of
£265,0006 bedroom terraced house for sale
Ermine Road, Ermine Road, Chester
Terraced house
6 beds
2 baths
1108
EPC rating: C
Key information
Features and description
- 6 Bedroom licensed HMO
- Currently grossing £34,059
- Gross yield of 11.74%
- On street parking
- 2 bathrooms
- Fully established lettings history
DESCRIPTION An excellent turnkey investment opportunity, Ermine Road is a well-maintained 5-bedroom licensed HMO, fully let this year to a group of working professionals.
The property has proven rental demand and generates a strong and stable income, with council tax included in the rent.
Rental Breakdown (inclusive of council tax):
•Room 1 – £129 per week / £559.00 pcm
•Room 3 – £127 per week / £550.33 pcm
•Room 4 – £135 per week / £585.00 pcm
•Room 5 – £132 per week / £572.00 pcm
•Room 6 – £132 per week / £572.00 pcm
Total Gross Monthly Income: £2,838.33
Total Gross Annual Income: £34,059.96
The property offers generous communal living areas, a modern kitchen, and well-sized bedrooms, making it particularly attractive to professional tenants.
Located in a popular residential area of Chester, Ermine Road benefits from excellent local amenities, public transport links, and proximity to the city centre. The University of Chester and Chester Business Park are within easy reach, as are supermarkets, local shops, cafes, and green spaces.
Whether you're looking to expand your portfolio or take your first step into HMO investment, this property represents a solid opportunity with established income and strong local demand
The property has proven rental demand and generates a strong and stable income, with council tax included in the rent.
Rental Breakdown (inclusive of council tax):
•Room 1 – £129 per week / £559.00 pcm
•Room 3 – £127 per week / £550.33 pcm
•Room 4 – £135 per week / £585.00 pcm
•Room 5 – £132 per week / £572.00 pcm
•Room 6 – £132 per week / £572.00 pcm
Total Gross Monthly Income: £2,838.33
Total Gross Annual Income: £34,059.96
The property offers generous communal living areas, a modern kitchen, and well-sized bedrooms, making it particularly attractive to professional tenants.
Located in a popular residential area of Chester, Ermine Road benefits from excellent local amenities, public transport links, and proximity to the city centre. The University of Chester and Chester Business Park are within easy reach, as are supermarkets, local shops, cafes, and green spaces.
Whether you're looking to expand your portfolio or take your first step into HMO investment, this property represents a solid opportunity with established income and strong local demand
About this agent
Thomas Property Group is a family run business with over 25 years experience. Every THOMAS Department is overseen and managed by a family Director with a wealth of local knowledge and vast experience. Our 15 person experienced Thomas Team have achieved the most combined sales and lettings in Chester and surrounding areas. Our combined City Centre and Rural offices and extensive marketing deliver maximum exposure for your property at all times. Good customer service is highly important to us at Thomas. We pride ourselves on being a pro-active, efficient team acting in your best interests to secure you the best deal, whether it be selling, buying, letting or renting. We are renowned throughout Chester and North Wales for delivering a professional service with personality. We receive many recommendations and recurring business which is of great value to us as we live and work in your community. Thomas Property Group are proud to have been named "Best Estate Agent in Chester - 2021" by the consumer review website "AllAgents" based upon our many clients continued feedback of our exceptional customer service. As a family run firm, we strongly value your feedback and recommendations.
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