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Lorne Street, Chester

PROPERTY TYPE

End of Terrace

BEDROOMS

5

BATHROOMS

2

SIZE

1,766 sq ft

164 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Floorplan 1
1

Key features

  • 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

Description

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. 

Brochures

Brochure (8 Page/...
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Lorne Street, Chester

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About Urban Sale & Let, Chester

19 Charles Street Hoole Chester CH2 3AY
Industry affiliations:

  • Urban Sale & Let was created with our clients wants and needs as the main priority. With great local knowledge, we cover Chester and all of its surrounding areas with an outstanding property lettings and management service, using a combination of modern technology plus the traditional industry skills.

  • When you appoint Urban Sale & Let to list your property, our innovation and marketing expertise ensures the maximum exposure for your property.

    From country houses to city centre studio's, we understand property and we know what you need from your estate agent. You want maximum visibility, a flexible service, and a professional team which stands out from the rest and who communicates with you.

    We bring commitment, experience and enthusiasm to all aspects of our role.

    With years of experience in valuing properties throughout our area you can trust us to make an accurate valuation. We always work to secure the best possible price for you while being realistic to avoid lengthy transaction periods.

Your mortgage

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Years
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Monthly repayments
£1,373
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Disclaimer - Property reference 102971002768. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Urban Sale & Let, Chester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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