- Five bedroom HMO +
- Fully let for the next academic year +
- Fully furnished +
- Potential to extend +
- Annual rental income of £32,000 +
- HMO license has just been renewed +
An outstanding investment opportunity in the heart of Chester's thriving student rental market. 6 Lorne Street is a fully licensed five-bedroom HMO (House in Multiple Occupation), perfectly positioned just a short distance from the University of Chester's main campus and the city centre.
This well-maintained property has recently had its HMO licence renewed, offering peace of mind for prospective investors. Currently achieving a strong rental income of £32,000 per annum, the property is also fully let for the 2025-2026 academic year, secured on a 50-week contract running from 1st August 2025, providing immediate and reliable income from day one.
The property comprises five spacious bedrooms, each well-presented and fully furnished to cater to student needs. Two modern bathrooms serve the household, offering practicality and convenience for multiple occupants. A communal living room provides a comfortable and welcoming space for tenants to socialise, relax, or study together.
A particularly attractive feature is the attached lean-to, currently used for storage. This space offers considerable potential for conversion into a sixth bedroom (subject to relevant permissions) or an additional communal area, providing an opportunity to further enhance the property's rental income.
This is a fully compliant HMO with an up-to-date licence recently renewed, ensuring it meets all current safety and housing standards. The property has a strong rental history with consistent tenant demand and minimal void periods. With a current annual income of £32,000 and the security of being fully let for the 2025-2026 academic year, it offers an excellent return on investment.
Situated on Lorne Street, the property is ideally located within walking distance of the University of Chester and the city centre. Local amenities, shops, cafes, and bars are all close by, alongside excellent transport links, making it a highly desirable location for students.