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Alexandra Villa Liverpool Road, Chester, CH2 1AE

£895,000 Guide Price
  • Availability: Sold
  • Bedrooms: 10
  • Bathrooms: 8
  • Reception Rooms: 8
  • Tenure: Freehold
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Property Features

  • Attractive Investment/ development opportunity
  • Victorian property with separate Coach House comprising 7 spacious apartments
  • Producing 9.5% yield based on current rent of £85,500 per annum
  • Desirable location on Liverpool Road
  • Within walking distance to Chester
  • Approx Gross Internal Area 5077 sq ft (472 sq m)

Property Summary

A handsome Victorian semi-detached property with a separate two storey Coach House comprising seven spacious apartments within walking distance of the city centre. The property produces a 9.5% yield based on the current rental income of £85,500 per annum. Total Gross internal area 5077 sq ft (472 sq m)

Full Details

Description
Alexandra Villa is an attractive Victorian villa and in architectural terms has much to commend it. The property is constructed of brick with decorative dressed stone window surrounds, bay windows and detailing to the soffits beneath a slate roof, which has recently been refurbished. Internally the property still retains much of its original character with high ceilings, moulded cornice work, deep door architraves, turned staircase, tiled floor and feature fireplaces. The accommodation within the main house is arranged over 2 floors and was
converted some years ago into 5 self-contained flats which combine traditional features with modern fittings and appliances. All the units have the benefit of gas central heating served by a communal boiler located in Flat 4. At ground floor level there is a handsome open-fronted porch with panelled door leading in to a communal hallway which gives access to Flats 4 & 5.

Flat 5 is a 1 bedroom unit with open plan living and dining area benefiting from a bay window to the front. Within the living and dining area is the kitchen and beyond which is a double bedroom with en-suite shower room. Flat 4 is the most generous property with an open plan dining/ kitchen opposite which double doors open in to a separate living room which in turn connects to the conservatory which has French windows to the outside. Flat 4 has a generous master suite comprising a double bedroom with en-suite shower room and beyond the kitchen is a second double bedroom. Off the hallway is a utility room and beyond which is a further bathroom.

Flats 1, 2 & 3 are arranged on the first floor. Flat 3 has an open plan living and dining area with bay window to the front and within the living room is a fitted kitchen. Flat 3 has a generous double bedroom and en-suite bathroom with shower above the bath. Flat 2 has a hallway off which there is a living room with a short flight of steps to a mezzanine bedroom. At the end of the hallway is a shower room and a separate door leads in to a fitted kitchen which incorporates a breakfast bar. Flat 1 has an open plan living and dining area off which is a separate recently fitted kitchen. Flat 1 has a double bedroom which is served by a separate shower room.

Within the Coach House there are 2 further flats. Flat 1 is the ground floor unit with open plan living and dining area, fitted kitchen, 2 double bedrooms and a separate shower room. Flat 2 is on the first floor and the accommodation mirrors Flat 1 save that it has a bathroom with shower above. The Coach House flats have the benefit of gas central heating served by independent gas boilers.

Income potential
Alexandra Villa has been let for a number of years with high occupancy levels and currently produces an annual rent role of circa £85,500. Owing to its strategic position close to the city centre, Chester University and Countess of Chester hospital it is favourably located. Likewise, Alexandra Villa is very accessible and within easy reach of all areas of commerce including the Chester Business Park, Deeside Industrial Park and Wrexham Industrial Estate with a large number of employers. Within the main house the passing rent includes Council Tax, central heating and water rates and the Landlord accounts to the tenants for electricity consumed. Within the Coach House the tenants are responsible for payment of Council Tax and all utility bills. Details of the status of the individual tenancies is available from the Agents on request.

Accommodation Schedule
MAIN HOUSE
GROUND FLOOR
- Flat 5 - Living/Diner area with open plan Kitchen;
Bedroom; Shower Room
- Flat 4 - Living Room; Dining Room with open plan
Kitchen; Conservatory; 2 Bedrooms; 2 Bath/Shower
Rooms; Utility

FIRST FLOOR
- Flat 3 - Living/Dining area with open plan Kitchen;
Bedroom; Bathroom
- Flat 2 - Living/Dining area; Kitchen with Breakfast bar;
Mezzanine Bedroom; Bathroom.
- Flat 1 - Living/Dining area; Kitchen; Bedroom;
Shower Room

COACH HOUSE
GROUND FLOOR
- Flat 1 - Living/Diner; Kitchen; 2 Bedrooms; Shower
Room

FIRST FLOOR
- Flat 2 - Living/Diner; Kitchen; 2 Bedrooms; Bathroom

OUTSIDE
- Secure off road parking for 7 vehicles

Location
Alexandra Villa is situated in the historic and extremely desirable City of Chester. It occupies a prominent yet private position on Liverpool Road which has an attractive street scene being lined with a collection of period town houses. The city centre is within walking distance and is famous for its history and architecture including the renowned Chester Rows. Likewise the main university campus is extremely convenient as is the cathedral, river, Grosvenor Park and race course. Chester has many high street retailers with a good selection of shops, mini supermarkets, restaurants and pubs. Beyond the city centre there a several out of town retail parks including the nearby Cheshire Oaks at Ellesmere Port and Broughton Shopping Centres. The city offers a good selection of both private and state schools including the King’s & Queen’s which are both within walking distance. On the recreational front the Northgate Area leisure complex is again within walking distance. There is sailing and rowing on the river, cricket, rugby and football clubs nearby, golf at Chester Curzon and horse racing on the Roodee Course.

The area enjoys excellent road links with access to the M53 and M56 motorways beyond Chester permitting daily travel to all areas of commerce throughout the North West including Liverpool and Manchester which are both served by international airports. The Chester bus terminal is within walking distance and for those wishing to travel to London there is a 2-hour inter-city rail service from Chester station to Euston.

Services
All mains services are connected.
Telephone line connected.

Energy Performance Certificates
Flat 1 - Rating D
Flat 2 - Rating D
Flat 3 - Rating D
Flat 4 - Rating E
Flat 5 - Rating D
Coach House 1 - Rating C
Coach House 2 - Rating C

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