- Three stylish apartments across the ground, middle, and top floors +
- Fully refurbished in 2021 – each with modern kitchens, bathrooms, and tasteful interiors +
- Sleeps up to 17 people in total (Apts 1 & 2 sleep 6 each; Apt 3 sleeps 5) +
- One parking space per apartment +
- Energy efficient – Air Source Heat Pump heating systems, EPC rating C on all units +
- Smart layouts, modern wiring, and individual heating and hot water systems per flat +
- Located in a conservation area with approved planning permission +
- Communal courtyard with shared management company – very low annual charges (£957 in 2024) +
- Sold fully furnished, ready to let or use +
- Great price for so much return +
DESCRIPTION A rare chance to buy a beautifully converted building in the heart of Chester, offering three fully furnished, self-contained apartments under one freehold. 9 Hunters Walk has been thoughtfully refurbished and currently operates as a successful short-stay rental business. The sale includes Apartments 1, 2, and 3, all sold together as a single transaction.
This is a fantastic opportunity for an investor or someone looking for a turnkey rental setup with strong returns and scope to increase profits through hands-on management
Investment Overview:
- Currently managed by specialists as serviced apartments
- Option to manage the apartments yourself and reduce costs
- 2024 adjusted profit before tax: £38,802, rising to £55,824 when adding back the management fees
- Potential for further savings if cleaning and linen services are managed in-house
- At a 7% yield, this gives a suggested valuation of around £797,000 - meaning the £600,000 asking price is highly competitive
- Utilities currently on shared meters (1 water, 1 electricity) but could be split if needed
- Internet via one main phone line with Wi-Fi nodes throughout the building
- Existing Property Manager has a 90-day rolling notice period, offering flexibility for new owners
Summary:
9 Hunters Walk is a clean, well-maintained investment property in a prime Chester location. With proven rental income, low overheads, and the potential to increase returns through direct management, this is an ideal purchase for someone looking to step straight into a fully operating setup - or take it further.
Professional photography and architectural plans are available, and the sale includes all contents, fittings, and furnishings. No need to start from scratch - it's ready to go.