£400,000
6 bed terraced house for saleJunction Lane, St. Helens WA9
6 beds
EPC Rating: D
Reduced on
About this property
Fully let investment block comprising 4 self-contained apartments
Annual rental income of £33,600
Attractive yield of approximately 8.4%
Built in 2016 and presented to a high standard throughout
Two ground-floor one-bedroom apartments with private entrances
Two spacious two-bedroom duplex apartments with large double bedrooms
Private rear car park providing off-road parking for residents
Popular Sutton location close to amenities, transport links and train station
Detailed Description
Attention Investors-Freehold Block of 4 Apartments | £33,600 Rental Income | 8.4% Yield
A fantastic opportunity for investors to acquire a freehold block of four self-contained residential apartments in the popular Sutton area of St. Helens. The property currently generates £33,600 per annum (£2,800 pcm) in rental income, reflecting an attractive gross yield of approximately 8.4%. Purpose-built in 2016 and presented to a high standard, the property provides a modern, fully let investment with the benefit of private rear parking.
The two ground-floor one-bedroom apartments have been recently converted from former commercial units and each has its own private entrance. Internally, they comprise an open-plan kitchen and living area, inner hallway, double bedroom and modern bathroom, with access to the rear parking area. Planning and Building Regulations documentation relating to the conversion is available to interested purchasers.
The two upper-floor duplex apartments are accessed via a communal entrance and provide generous accommodation over two floors. Each comprises an entrance hall, fitted kitchen and spacious living room to the first floor, with two double bedrooms and a bathroom to the upper floor. The principal bedrooms are particularly generous in size.
The property is fully let with established rental income, and tenancy and rental documentation is available to interested buyers for review as part of their due diligence. The availability of the relevant property, tenancy, planning and Building Regulations documentation also provides useful supporting information for purchasers and their professional advisers when considering finance and mortgage requirements.
Situated on Junction Lane in Sutton, the property is within walking distance of a range of local amenities, including shops, supermarkets, cafés and restaurants. Ravenshead Retail Park, St. Helens town centre and excellent transport links are also within easy reach, with nearby train services providing convenient regional connections.
Offering four self-contained apartments, £33,600 annual rental income, an approximately 8.4% gross yield, freehold ownership and private parking, this is a turnkey investment opportunity with supporting documentation available to interested purchasers.
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