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Property ID: 217189576
Monthly Income
£775
Current Yield
8.1%
Tenancy status
Tenanted
CapitalAppreciation
+4.5%
Exclusive Investment Grade Opportunity

This 2-bedroom flat in Warrington offers a prime investment opportunity. It boasts valuable amenities in close proximity, promising rewarding rental returns and a current tenant.


The well-maintained property features two bedrooms, three-piece bathroom and ensuite, spacious lounge, well-equipped kitchen and rear garden space.


Investment Details:


The property currently generates an annual gross income of £9,000 which has the potential to be increased to a market rate of £12,000 with the current tenants in place. Considering the purchase price, this investment presents a substantial opportunity for investors seeking to expand their portfolio.


For further details on the property’s investment potential, please refer to the attached Let Property Pack. Should you express interest in this property, please contact us.


Tenancy Details:


The current tenants have consistently paid their rent throughout their tenancy and have no intention of relocating. They are committed to remaining in the property.


Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Calculated Returns
Capital appreciation calculated based on location, property type, and market value. Learn more
Current Rent
Potential Rent
Purchase Costs
Net Rental Income775/mo
Monthly Capital Appreciation/mo
Total Net Returns/mo
Total ROI
Current Monthly Rent
£775 pcm
Current Rental Yield
8.1%
Potential Market Value Rent
£1000 pcm
Potential Rental Yield
10.4%
Estimated Monthly Capital Appreciation
£435
Area Capital Appreciation Rate
+4.5%

Tenancy Checks

Tenancy Agreement

Proof of Rental Income documentation has been verified against the rental amount in the Tenancy Agreement by Let Property.

Proof of Rental Income

Recent Proof of Rental Income has been Verified by Let Property.

Length of Tenancy

Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.

Tenant Means of Funding:

Self Funded

Length of Tenancy information has been provided by the seller as verbal and written confirmation.

Property Checks

Property Tenure

Verified as Leasehold with 137 years on lease

Property Tenure documentation has been provided to Let Property and has been Verified.

EICR

EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

Gas Safety

Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

Council Tax Band

Council Tax Band: B

Interactive street-level view of the property location and surrounding area.

Ground Rent
£24
Factor Fees/Running Costs
£158.21
Total Estimated Costs
£182.21
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Yearly Net Profit
Current Yearly Rent
£9,300
Annual Capital
Appreciation
£2,320
Yearly Ground Rent
£288
Yearly Factor Fee /
Service Charge
£1,898.52
Other Yearly Costs
None
Indicated
Annual Net Returns
£9,433.48