2 Bed Apartment House For Sale Duchess Place, Chester, CH2

£165,000- Apartment

1 of 10
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 25th June 2024

Description

A well-presented two-bedroom first-floor apartment located in Duchess Place, a popular development situated on the edge of the historic City of Chester, within easy walking distance of its famous attractions and amenities. The apartment features neutral décor throughout and benefits from an allocated parking space within the well-maintained communal grounds. This property offers a true turnkey opportunity for both homeowners and investors, and we highly recommend an early viewing!

The apartment building can be accessed via communal doors and lobby areas at both the front and rear of the development. There is staircase access to the first floor, where the private entrance door to the apartment is located. The private hall features a convenient built-in storage cupboard in addition to an airing cupboard that houses the hot water cylinder. There are two bedrooms: a spacious double room and a single room that currently doubles as a home office. The bathroom includes a three-piece white suite consisting of a bath with an electric shower unit, a pedestal wash hand basin, and a WC. The living room is light and spacious, offering a rear aspect view of the development, and has an open archway leading into the kitchen/diner. The kitchen/diner features an 'L' shaped range of fitted light wood-effect wall, base, and drawer units with brushed metal fittings, wood-effect countertops with an inset 1.5 stainless steel sink and drainer with tiling above, a four-ring electric hob with an extractor over, a built-in electric oven and grill, and space/plumbing for a washing machine and a free-standing fridge/freezer.

The apartment features electric wall heaters and is fully double-glazed.

Externally, there are communal grassed areas, and as mentioned, the apartment benefits from an allocated parking space.

Please note the tenure of this property is leasehold. We are informed by our client that there are 128 years remaining on the lease, which started as a 150 year lease on 1st Jan 2001 and the current monthly service charge is £149.92. The Ground rent is £72/year for the first 25 years and then it increases to £140 for the next 25 years. The purchaser should verify this prior to a legal commitment to purchase 
Agent Details
Urban Sale & Let
19 Charles Street Hoole Chester CH2 3AY

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 2 bedroom property. See more properties like this.

£120,000
Chester, CH1
Flat
9.9
£128,000
Chester, CH1
Flat
8.4
£130,000
Chester, CH2
Flat
8.4
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested