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2 bed house for sale Ormonde Street, Chester, CH1

Offers Over

£200,000

Added on 05/10/2026

Type: Terraced
Bedrooms: 2
Bathrooms: 1
Size: £261 per sq ft
Tenure: Freehold

About this property

An excellent opportunity for landlords and property investors to acquire a two-bedroom terraced house on Ormond Street, Chester, with tenants in situ. The property currently generates £1,140 per calendar month (£13,200 per annum), representing an approximate gross rental yield of 6.6% at £200,000, before any associated costs or deductions. The property benefits from reliable tenants who pay their rent on time, providing a purchaser with an established rental income from day one, subject to the existing tenancy arrangements.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,678
Band B

£1,958
Band C

£2,238
Band D

£2,517
Band E

£3,077
Band F

£3,636
Band G

£4,196
Band H

£5,035

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Cheshire West and Chester, 2026/27 bills run from £1,678 a year in band A to £5,035 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Cheshire West and Chester, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

46 comparables · within 2.8 miles

Cheaper than 67% of the 2-bed houses for sale nearby right now.

This home, £200,000 Median £217,500 · £170,000 – £300,000

Per square foot

£261 17% under

2-bed houses nearby £316

Against sold prices

In line

CH1 sold median £260 / sq ft, 777 sales

Compared with 46 2-bed houses for sale within 2.8 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in CH1 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in CH1 →

Location

Ormonde Street, Chester, CH1

Open map Street View

Mortgage and stamp duty

Property price £200,000

£100k £300k

Deposit10% £20,000

£0 £200k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £180,000 mortgage. Most lenders would want a household income of about £40,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
10, Ormonde Street Terraced	Terraced	Aug 2025	581 sq ft £284/sq ft	581 sq ft	£284	£165,000
7, Ormonde Street Terraced	Terraced	Apr 2025	603 sq ft £282/sq ft	603 sq ft	£282	£170,000
2, Ormonde Street Terraced	Terraced	Feb 2022	700 sq ft £249/sq ft	700 sq ft	£249	£174,000
1, Ormonde Street Terraced	Terraced	Oct 2020	850 sq ft £191/sq ft	850 sq ft	£191	£162,000
12, Ormonde Street Terraced	Terraced	Jul 2020	538 sq ft £279/sq ft	538 sq ft	£279	£150,000
7, Ormonde Street Terraced	Terraced	Jul 2019	603 sq ft £231/sq ft	603 sq ft	£231	£139,350
4, Ormonde Street Terraced	Terraced	Mar 2018	700 sq ft £180/sq ft	700 sq ft	£180	£126,000
3, Ormonde Street Terraced	Terraced	Jan 2018	850 sq ft £176/sq ft	850 sq ft	£176	£150,000