Let Flat

3

GREYFRIARS HOUSE, GREYFRIARS, CHESTER, CHESHIRE WEST AND CHESTER CH1 2NW

2 beds 1 baths 549 sq ft Listed 13 Dec 2023 (-908d)

£1,250 pcm

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# 2 bedroom flat for rent (CH1 2NW)

## Property Details

| Key | Value |
|-----|-------|
| Address | 3, GREYFRIARS HOUSE, GREYFRIARS, CHESTER, CHESHIRE WEST AND CHESTER CH1 2NW |
| Price | £1,250 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1983-1990 |
| Floor area | 51 m² |
| Last sold | £165,000 Dec 2019 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Current heating cost:** £265/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2102-3061-3204-7566-3204)

## Description

This fabulous two bedroom, fully furnished apartment with parking, is now available for rent and this will not be around for long.

The property is situated only a 1 minute walk from the city centre and close to the city walls, overlooking Chester Racecourse. With a large master bedroom and smaller single bedroom/ home office, this property is ideal for a young working couple. It has a tasteful and modern bathroom and kitchen and a living area including furniture for your comfort.

The opportunity is available to strictly non-smokers and sadly due to the nature of the surrounding apartments, we cannot accept pets.

Applicants must be in full-time employment and be able to provide references to complete the application process.

The quoted prices does not include utility bills or council tax.

Deposit Required £750

## Property Photos

- ![Photo 12](/listings/photos/142914974/636092) - Photo 12
- ![Photo 1](/listings/photos/142914974/636096) - Photo 1
- ![Photo 2](/listings/photos/142914974/636098) - Photo 2
- ![Photo 3](/listings/photos/142914974/636102) - Photo 3
- ![Photo 4](/listings/photos/142914974/636107) - Photo 4
- ![Photo 5](/listings/photos/142914974/636112) - Photo 5
- ![Photo 6](/listings/photos/142914974/636115) - Photo 6
- ![Photo 7](/listings/photos/142914974/636117) - Photo 7
- ![Photo 8](/listings/photos/142914974/636121) - Photo 8
- ![Photo 9](/listings/photos/142914974/636124) - Photo 9
- ![Photo 10](/listings/photos/142914974/636127) - Photo 10
- ![Photo 11](/listings/photos/142914974/636131) - Photo 11

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| GREYFRIARS HOUSE 3 GREYFRIARS, CHESTER, CHESHIRE WEST AND CHESTER, CH1 2NW | £165,000 | 09/12/2019 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| GREYFRIARS HOUSE 6 GREYFRIARS, CHESTER, CHESHIRE WEST AND CHESTER, CH1 2NW | £325,000 | 17/10/2025 | Flat |
| 11 GREYFRIARS, CHESTER, CHESHIRE WEST AND CHESTER, CH1 2NW | £220,000 | 06/10/2023 | Flat |
| BLACKFRIARS HOUSE 25 BLACK FRIARS, CHESTER, CHESHIRE WEST AND CHESTER, CH1 2NU | £325,000 | 18/08/2023 | Flat |
| HUSH HOUSE APARTMENT 6 WEAVER STREET, CHESTER, CHESHIRE WEST AND CHESTER, CH1 2BQ | £200,000 | 19/04/2023 | Flat |
| 1A NUNS ROAD, CHESTER, CHESHIRE WEST AND CHESTER, CH1 2LZ | £200,000 | 11/11/2022 | Flat |
| 27 GREYFRIARS, CHESTER, CHESHIRE WEST AND CHESTER, CH1 2NW | £200,000 | 27/10/2022 | Flat |
| 25 GREYFRIARS, CHESTER, CHESHIRE WEST AND CHESTER, CH1 2NW | £266,500 | 11/08/2022 | Flat |
| HUSH HOUSE APARTMENT 18 WEAVER STREET, CHESTER, CHESHIRE WEST AND CHESTER, CH1 2BQ | £218,249 | 07/02/2022 | Flat |
| 8 BLACK FRIARS, CHESTER, CHESHIRE WEST AND CHESTER, CH1 2NU | £265,000 | 29/11/2021 | Flat |

**Area average:** £246,639 (9 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £185,479 (43 Flat, CH1, 2024–2026)
- **Deviation:** -99.3%

## 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 |

**Average rent: £1,900/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 152% (strong)
- **Max investor price (0.8%):** £237,500
- **Target investor price (1%):** £190,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,900/mo).*

- **Gross yield:** 1824%
- **Cost-to-rent:** 0.1×
- **Monthly cashflow:** £1,680/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5561.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. 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:** £25/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -17.4%
- **10y growth:** -10.2%

## House Price Index (HM Land Registry)

*Official index for Cheshire West and Chester; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -2.5%
- **5y growth (index):** 9.3%
- **10y growth (index):** 33.5%

## 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)

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Property details

Floor area

51 m²

EPC rating

Year built

England and Wales: 1983-1990

Last sold

£165,000 Dec 2019

Price per m²

£25/m²

Local average

£185,479 (-99.3%)

Street crime

406 incidents within 1 mile (Mar 2026)

Key features

Close to city centre
Dedicated Parking

Additional details

Parking: Permit

Description

This fabulous two bedroom, fully furnished apartment with parking, is now available for rent and this will not be around for long.

The property is situated only a 1 minute walk from the city centre and close to the city walls, overlooking Chester Racecourse. With a large master bedroom and smaller single bedroom/ home office, this property is ideal for a young working couple. It has a tasteful and modern bathroom and kitchen and a living area including furniture for your comfort.

The opportunity is available to strictly non-smokers and sadly due to the nature of the surrounding apartments, we cannot accept pets.

Applicants must be in full-time employment and be able to provide references to complete the application process.

The quoted prices does not include utility bills or council tax.

Deposit Required £750

Listed by

Chester

The Freshers Network T/A Bed Student Rentals

Reference: 142914974

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 20/04/2026

Current heating cost: £265/year

Potential heating cost: £265/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event	Date	Price	% change
Sold	09/12/2019 (6 years ago)	£165,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
GREYFRIARS HOUSE 6 GREYFRIARS, CHESTER, CHESHIRE WEST AND CHESTER, CH1 2NW	£325,000	17/10/2025	Flat
11 GREYFRIARS, CHESTER, CHESHIRE WEST AND CHESTER, CH1 2NW	£220,000	06/10/2023	Flat
BLACKFRIARS HOUSE 25 BLACK FRIARS, CHESTER, CHESHIRE WEST AND CHESTER, CH1 2NU	£325,000	18/08/2023	Flat
HUSH HOUSE APARTMENT 6 WEAVER STREET, CHESTER, CHESHIRE WEST AND CHESTER, CH1 2BQ	£200,000	19/04/2023	Flat
1A NUNS ROAD, CHESTER, CHESHIRE WEST AND CHESTER, CH1 2LZ	£200,000	11/11/2022	Flat
27 GREYFRIARS, CHESTER, CHESHIRE WEST AND CHESTER, CH1 2NW	£200,000	27/10/2022	Flat
25 GREYFRIARS, CHESTER, CHESHIRE WEST AND CHESTER, CH1 2NW	£266,500	11/08/2022	Flat
HUSH HOUSE APARTMENT 18 WEAVER STREET, CHESTER, CHESHIRE WEST AND CHESTER, CH1 2BQ	£218,249	07/02/2022	Flat
8 BLACK FRIARS, CHESTER, CHESHIRE WEST AND CHESTER, CH1 2NU	£265,000	29/11/2021	Flat

Area average: £246,639 (9 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -17.4%

10y growth -10.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Cheshire West and Chester. Series: Flats and maisonettes. As of March 2026.

1y (index) -2.5%

5y (index) 9.3%

10y (index) 33.5%

Rental Range

Estimated market rent for Cheshire West and Chester. Low = conservative, Realistic = average, Optimistic = best case.

Low £869/mo

Realistic £966/mo

Optimistic £1,063/mo

Based on Local Authority from postcode lookup → Cheshire West and Chester.

Location

Map view View on Google Maps View on OpenStreetMap Street View CH1 2NW

Address

Grey Friars

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Chester, Nicholas Street / Black Friars Coach Stop	0.1 miles
Bus stop	Chester, Watergate Street / Nicholas Street Mews	0.1 miles
Shop	Laser Me	0.1 miles
Shop	Hair 77	0.1 miles
Train station	Grosvenor Park Miniature Railway	0.7 miles
University	University of Chester	0.8 miles
Train station	Chester	0.9 miles
Hospital	The Mulberry Centre	1.3 miles
University	University of Chester - Kingsway	1.6 miles
Hospital	Tarporley War Memorial Hospital	9.7 miles

Street-level crime

Category	Count
Violence and sexual offences	146
Shoplifting	66
Drugs	52
Public order	44
Anti-social behaviour	33
Other theft	24
Criminal damage and arson	19
Burglary	7
Bicycle theft	4
Possession of weapons	4
Vehicle crime	3
Other crime	2
Theft from the person	2
Total incidents	406

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
The Queen's School	Other	0.2 miles	— (No rating)
Abbey School for Exceptional Children	Other	0.4 miles	Good — 16 Oct 2022
Chester International School	Secondary	0.5 miles	Good — 28 Mar 2022
Queen's Park High School	Secondary	0.5 miles	Good — 22 Jan 2020
The Grosvenor Park Church of England Academy	Primary	0.5 miles	Good — 8 Mar 2023

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

Average rent: £1,900/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 152%

Max investor price (0.8%) £237,500

Target investor price (1%) £190,000

Gross yield 1824%

Cost-to-rent ratio 0.1×

Monthly cashflow £1,680/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 5561.6%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).