BTL Tenanted Apt - Cheshire
About this property
A modern and spacious 2‑bed, 2‑bath apartment located in a well‑maintained block of just six units. The property is currently tenanted, offering immediate income and potentially a fully hands‑off investment. Positioned within walking distance of the town centre, transport links, and major employers, this apartment benefits from strong and consistent rental demand.
Key Features
- Two double bedrooms
- Two bathrooms ( one of which is ensuite )
- Spacious lounge and separate kitchen/diner
- Top‑floor position in a small, quiet block
- Allocated parking
- Modern interiors with low‑maintenance finishes
- Tenant in situ
- No onward chain
Investment Highlights
- Turnkey buy‑to‑let
- Strong rental yield supported by stable tenant demand
- Low‑maintenance asset ideal for hands‑off landlords
- Attractive layout for professional tenants or sharers
- Located in a growing commuter town with ongoing regeneration
Key Financials
▪ Purchase price: £90,000
▪ GDV: £100,000
▪ Annual profit: £3,930
▪ ROCE: 15%
▪ Yield: 10%
▪ Purchase costs: £10,850
▪ Sourcing Fee: £4,000 +vat
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Investment calculators
Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.
Speak to a brokerAssumes English SDLT rates and 3% additional property surcharge. Welsh LTT and Scottish LBTT differ. Always confirm with your solicitor.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.