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Cheyney Road, Chester, Cheshire

North West

£340,000
Listed on 20/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1242 sqft

Description

This detached dormer bungalow, located on the periphery of Chester, presents a unique investment opportunity. With its proximity to the vibrant city centre—offering an array of shops, historical sites, and dining options—this 3-bedroom property is not just a home but a potential project for savvy investors. The bungalow features spacious rooms, off-street parking, and a manageable garden area. While the contemporary design offers ample natural light and a practical layout, there exists significant scope to reconfigure or modernise the living spaces to better suit personal tastes or market demands. Currently utilized by a small business, it comes with planning permission to revert back to residential use after May 2026. Nestled in the sought-after Garden Quarter area with easy access to schools and transport links, this property stands out for those looking to enhance its value through thoughtful renovations.

Investment Analysis

(CH1 area)

Above Market Value

This property is priced +1.2% above area average per sq ft

+1.2%
This Property
£274/sq ft
Area Average
£270/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£369,489
10% above area average per sq ft
Potential ROI
-5.3%
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

Cheyney Road, Chester, Cheshire
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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
£1,226
Based on a loan of £255,000 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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