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Lorne Street, Chester, Chester

North West

£280,000
Listed on 31/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1905 sqft

Description

This distinctive bay-fronted end-terrace property spans three floors and presents a remarkable opportunity for renovation, making it an ideal choice for first-time buyers, investors, or those looking to downsize while taking on a project. Inside, the home retains several appealing period features, including original fireplaces and a charming Minton tiled hallway that can serve as a foundation for a stylish restoration. On the ground floor, you’ll find two generous reception rooms that provide versatile living spaces, along with a spacious kitchen/diner that opens up possibilities for modern upgrades. Additionally, there is convenient access to the cellar, which could be utilized for extra storage or potentially transformed into livable space. The first floor consists of three bedrooms and a family bathroom that could benefit from updating. The loft area presents further potential for expansion or reconfiguration (subject to planning permission), allowing you to enhance the property's value significantly. This home comes with the advantage of vacant possession and no onward chain, making it easier for buyers looking to get started on their renovation plans promptly. Situated in the Garden Quarter—a well-regarded residential neighborhood—the property is close to local amenities, schools, and transport links, ensuring both convenience and growth potential in this vibrant community. Whether you envision a contemporary family home or a rental investment opportunity, this property offers the canvas needed to realize your vision.

Investment Analysis

(CH1 area)

Below Market Value

This property is priced -43.9% below area average per sq ft

-43.9%
Potential saving
This Property
£147/sq ft
Area Average
£262/sq ft
Avg Rent (weekly)
£211
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£549,440
10% above area average per sq ft
Potential ROI
+69.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CH1)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 2.1%
5 year growth: 12.1%
Investment Disclaimer: Analysis based on CH1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Lorne Street, Chester, Chester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,026
Based on a loan of £210,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE