From
£22,000
1 bed flat for sale East Lane, Runcorn WA7
1 bed
- Auction
Savills - National Auctions
About this property
One bedroom first floor flat
Modern conversion
Well located for local amenities
Investment let at £5400 per annum (24.5% gross yield at guide price)
Strapline
Auction Sale - 21/11/2023
A one bedroom self-contained first floor flat, in a modern converted building, well located for the amenities of Runcorn Shopping City. Investment let at £5400 per annum (24.5% gross yield at guide price)
Description
A one bedroom first floor flat.
Forming part of a modern converted building.
The property benefits from electric heating and double glazing.
Externally there is residents parking and shared communal gardens.
Investment let at £5400 per annum (24.5% gross yield at guide price).
Please note that there has been a significant increase in rents recently achieved in the development and therefore it may be possible to increase the income received. Interested parties are to rely on their own investigations in that regard.
Location
Runcorn is a town in the county of Cheshire.
Located in Castleview House, accessed off East Lane.
A range of amenities are available nearby at Runcorn Shopping City with a broader range available in Runcorn town centre (approximately 2 miles).
Recreational amenities of Phoenix Park and Queen Elizabeth II Woodside Playing Fields are both easily accessible.
Road links are via the A533 and M56.
Transport
Runcorn East - Transport For Wales / Northern.
Tenancy
Let on a Assured Shorthold Tenancy for £450 per calendar month (Holding Over).
Accommodation
First Floor - Entrance Hallway, Open Plan Living Room/Kitchen, Bedroom, Shower Room/WC.