Sourced Approved Investment

High Yld BTL Apt- Runcorn North West - Apartment

£ 72,500

Added: 22/04/2025

Profit pa£4,117

ROCE999%

Yield12%

Property description

Strategy: Buy to Let

Sourced are pleased to present this top floor two-bedroom apartment, ideally located on the fringe of Runcorn Town Centre. Positioned in a popular residential area, the property offers convenient access to transport links and local amenities. It is situated within a 25-minute commute of Liverpool City centre, John Lennon Airport, and the City of Chester. This apartment presents a fantastic opportunity for investors looking for attractive rental income.

The internal accommodation includes an entrance hall, a spacious lounge open to a modern kitchen/diner, two well-proportioned bedrooms. Additionally, there is a separate three-piece bathroom to cater to the household's needs which is also accessible through bedroom two.

Externally, the property benefits from residents parking, adding to its convenience and appeal.

With its prime location and excellent investment potential, this apartment is must-see.

Lease Term: 999 years from 1 January 2005 (980 years remaining)

▪ Service charge: £900 per annum
▪ Ground rent: £50 per annum

The financials:
▪ Purchase price: £72,500
▪ Annual profit: £4,117
▪ Gross yield: 12%
▪ ROCE: Infinite

▪ Net yield: 6%

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Sourced reference: 614882629583127

Disclaimer

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.

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Due diligence

No information supplied.

Sales Agent

Trevor Pinnock

Lilygold Property

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