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Melbourne Road, Blacon, Chester - Image 1
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Melbourne Road, Blacon, Chester

North West

£170,000
Listed on 14/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
914 sqft

Description

This mid-terraced three-bedroom home is situated in the desirable Blacon area, providing an excellent canvas for buyers looking to invest in a renovation project. The property features a welcoming entrance hall leading into a front-facing living room that invites natural light. At the rear, an open-plan kitchen diner awaits, perfect for family gatherings and entertaining friends. A convenient downstairs W/C adds to the practicality of this layout. Upstairs, you'll find two spacious double bedrooms with fitted wardrobes alongside a single bedroom and a family bathroom. The exterior offers both a front garden and a sizable rear garden, ideal for outdoor activities or future landscaping ideas. With parking available to the rear, this residence presents a significant opportunity for those looking to modernise and personalise their space in a thriving residential neighbourhood.

Investment Analysis

(CH1 area)

Below Market Value

This property is priced -31.2% below area average per sq ft

-31.2%
Potential saving
This Property
£186/sq ft
Area Average
£270/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £25,000
Target Value
£271,910
10% above area average per sq ft
Potential ROI
+39.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (CH1)

Area prices are stable by +0.3% over the last 12 months
3 year growth: +0.3%
5 year growth: +11.1%
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

Melbourne Road, Blacon, Chester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£613
Based on a loan of £127,500 over 30 years at 4.06% 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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