# 2 bedroom flat for rent (CH1 2NW)

## Property Details

| Key | Value |
|-----|-------|
| Address | 2, GREYFRIARS HOUSE, GREYFRIARS, CHESTER, CHESHIRE WEST AND CHESTER CH1 2NW |
| Price | £1,000 pcm |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Construction age | England and Wales: before 1900 |
| Floor area | 72 m² |
| Last sold | £149,000 Nov 2015 |

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** D
- **Expiry date:** 25/08/2035
- **Est. upgrade cost to C:** £22,385

### Recommendations
- Q (£7,500 - £11,000)
- W2 (£5,000 - £10,000)
- C (£20 - £40)
- D (£150 - £250)
- F (£130 - £180)
- O (£4,500 - £6,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/6400-2060-0422-4526-3853)

## Description

Flat 2, Grey Friars House is an immaculately presented 2 bedroom furnished apartment with quality furnishings and fixtures throughout.  It benefits for an allocated parking space and use of a shared terrace.

Services: Mains electricity, gas, water and drainage

Directions: From Chester Grosvenor roundabout head north onto Nicholas Street.  Take the second turning on the left into Grey Friars and continue down the road to the end where Grey Friars House will be seen on the left hand side. Follow the  postcode: CH1 2NR

Rent:  £1,000 per calendar month payable in advance

Deposit:  The equivalent of 5 weeks’ rent payable upon the commencement of the tenancy.

All advertised prices are exclusive of utilities and all other associated services.

Viewing:  Strictly by appointment from the vendor’s agent, Strutt & Parker.

EPC:  D59

The property is situated in one of Chester’s most desirable historic streets in a conservation area within the renowned city walls adjacent to Chester’s famous Roodee Race Course.  The excellent amenities of the city centre are on your door step and there are a good range of state and independent schools in the area, including the nearby Queens School.

There is excellent access to the motorway networks via the M53, M56, M6 and A55 for transport links to North Wales. Chester railway station offers a direct service to London Euston within 2 hours.

## Property Photos

- ![Picture No. 05](/listings/photos/85013888/636088) - Picture No. 05
- ![Picture No. 04](/listings/photos/85013888/636089) - Picture No. 04
- ![Picture No. 03](/listings/photos/85013888/636090) - Picture No. 03
- ![Picture No. 06](/listings/photos/85013888/636091) - Picture No. 06
- ![Picture No. 07](/listings/photos/85013888/636093) - Picture No. 07
- ![Picture No. 08](/listings/photos/85013888/636094) - Picture No. 08
- ![Picture No. 09](/listings/photos/85013888/636095) - Picture No. 09
- ![Picture No. 10](/listings/photos/85013888/636097) - Picture No. 10
- ![Picture No. 12](/listings/photos/85013888/636101) - Picture No. 12

## Floorplans

- ![Picture No. 02](/listings/photos/85013888/636106) - Picture No. 02

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/85013888/636110) - EPC Rating Graph

## Rental Range

*ONS Price Index of Private Rents (Cheshire West and Chester). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £869/mo
- **Realistic:** £966/mo
- **Optimistic:** £1,063/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Chester, CH1 | £1,900/mo | 2 | 0.18 miles | OpenRent |
| 2 Bed Flat, Handbridge, CH4 | £1,250/mo | 2 | 0.43 miles | OpenRent |

**Average rent: £1,575/mo (2 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,575/mo).*

- **Gross yield:** 1890%
- **Monthly cashflow:** £1,389/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5745.8%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £14/m²

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)