Flat for sale in East Lane, Runcorn WA7
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Property features
- 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)
Property description
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.
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.