Opportunity to purchase a house in Runcorn generating £7,200 rent pa & gross yield of 5.3%
£135,000
Semi-detached House
VES-WA7-004
INITIAL INVESTMENT
£40,500
Based on
deposit: £33,750
stamp duty: £4,250
mortgage fees: £1,500
conveyancing fees: £1,000
GROSS RENT
£7,200
GROSS YIELD
5.3%
Long-term tenant
Tenants that stay for long periods feel they have a stake in the property and are more likely to treat it as though it was theirs.
Benefits include:
- Steady income
- Minimised wear and tear
- Fewer void periods
The property
TENANCY
Tenanted
TENURE
Freehold
2 bedrooms
1 bathroom
1 reception room
689
Unfurnished
Property information
- The property comprises:
- 2 x bedrooms
- 1 x bathrooms
- Lounge with access to the rear garden
- Kitchen
- The property comes with a garage
- There is a driveway with space for 1 car
- Front and rear gardens
- EPC rating E
- Council tax band A
- Monthly rental income £600
Location information
- The property is located in a quiet close in the Murdishaw area of Runcorn
- Runcorn town centre is 4.8 miles from the property
- Runcorn Shopping City is 3.4 miles away
- Runcorn East is the closest railway station and is a 6-minute walk away
- Easy access to the M56 via junction 11
Note
Please note that Vesta has not visited this property and that the vendor has provided all material.
Documents available on request, please contact for viewings or further questions.
The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.
Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.
About Runcorn, Cheshire
Runcorn is a town in the Borough of Halton in Cheshire. It lies around 8 miles south-west of Warrington and 14 miles south-east of Liverpool.
The town is surrounded by expressways which from a ring road in a figure of eight keeping all through traffic off local roads. They link to Widnes, Liverpool and Chester in the north, to Warrington in the east, to Northwich in the south and to Frodsham in the west. The M56 runs to the west of Runcorn connecting it to the M6 at Lymm Poplar 2000 services.
Runcorn has two railway stations, Runcorn and Runcorn East. Runcorn railway station is located in the old town and is on the Liverpool branch of the West Coast Main Line, providing services to Liverpool Lime Street and London Euston, as well as Birmingham New Street. Runcorn East railway station is located in Murdishaw and provides services to Warrington, Manchester, Chester and North Wales.
Liverpool John Lennon Airport is around 8 miles away, whilst Manchester Airport is around 22 miles away.
There are several noteworthy landmarks in Runcorn, such as the Grade I listed Halton Castle and Norton Priory. A number of the local Grade II listed buildings are located by Halton Castle, such as Seneschal’s House, Halton Old Hall, Chesshyre Library and Halton Vicarage. Bridgewater House is another prominent landmark and Grade II listed building
Runcorn’s main shopping area is Shopping City in the centre of town as well as a smaller centre at the old town.
The open spaces in Runcorn form part of Mersey Forest and aside from local parks and allotments there are four large parks: Town Park, Phoenix Park, Runcorn Hill Park and Local Nature Reserve and Wigg Island. These parks offer a variety of outdoor activities such as a dry ski slope, miniature railway, rock climbing wall, skate park and BMX track, woodland walks, playgrounds, a lake, and bird watching hides.
Runcorn is ideally located between Liverpool and Manchester and has excellent transport links via rail, road and canal networks, which have made it a centre of manufacturing, logistics, wholesale and retail. Whilst chemical manufacturing was the dominant sector the economy has now diversified into aerospace, automotive, as well as services and logistics sectors.
Dalwood Close,
Runcorn,
Borough of Halton,
England,
WA7 6JL
What makes us different?
Vesta’s sole purpose is to make buying and selling rental property easy for both landlords and tenants.
Benefits include:
- Buy tenanted property
- Huge choice for all budgets
- View property performance data
Important Note
All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.
Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.
In no event will we be liable for any loss or damage, including without limitation any loss or damage arising directly or indirectly out of or in connection with the use of this website and the information contained therein.
Authorised and regulated by the property ombusdman
Copyright © 2023 Vesta Global Limited. All rights reserved.