2 bed Flat For Sale £135,000
Investment information
Purchase price £135,000.00
type of property 1st floor apartment
number of bedrooms 2
leasehold / freehold Leasehold
if leasehold how long left on lease 135 years
service charge £1,139.89
ground rent £170.00
letting managed or self managed Self-managed
Name of letting agent if managed N/A
letting fees N/A
Current rental income £600.00 pcm
gross rental income £7,200.00 per annum
how long have current tenants been in situ Since May 2019
when does the letting contract end with the current tenant Rolling contract
gross rental income £7,200.00
service charge per annum £1,138.89
ground rent per annum £170.00
letting agent fees per annum £0.00
net income per annum £5,891.11
gross yield 5.3%
net yield 4.4%
Reasons to invest in Warrington.
* Strong Economy: Warrington is a prosperous town with a growing economy, making it an attractive investment opportunity.
* Accessibility: Warrington is strategically located between Manchester and Liverpool, offering excellent transport links and accessibility to other major UK cities.
* Developing Infrastructure: The local government is actively investing in developing infrastructure, including transport, housing, and public services, making it a desirable place to live and work.
* Growing Population: Warrington is a rapidly growing town with a high demand for housing, making it a potentially profitable investment opportunity.
* Diversified Economy: Warrington has a diverse economy with a mix of manufacturing, service, and retail sectors, reducing the risk of over-dependence on a single industry.
Large companies based near Warrington.
* ikea: The world-famous furniture retailer has a large distribution center in Warrington.
* dhl Supply Chain: The multinational logistics company operates a large facility in Warrington, handling distribution for a range of industries.
* Vodafone: The telecommunications giant has a customer service center in Warrington, employing hundreds of people.
* Warburtons: The UK's largest bakery company has a large production facility in Warrington, producing a range of popular baked goods.
* Amazon: The e-commerce giant operates a large distribution center in Warrington, servicing the surrounding area.
* AstraZeneca: The multinational pharmaceutical company has a manufacturing plant in Warrington, producing drugs for both the UK and export markets.
Transport links and nearby location to Warrington.
* Rail: Warrington Central Station provides regular train services to major cities such as Liverpool, Manchester, and London
* Road: Warrington is accessible via the M6, M56, and M62 motorways, connecting it to other major towns and cities in the UK.
* Air: Manchester Airport is the nearest major airport, located just 20 miles from Warrington, offering international flight connections.
* Bus: Warrington has a comprehensive bus network, providing regular services to local towns and villages, as well as to nearby cities such as Liverpool and Manchester.
* Liverpool: Warrington is located just 20 miles from Liverpool, offering access to the city's rich cultural heritage, world-class attractions, and shopping.
* Manchester: Warrington is located just 30 miles from Manchester, offering access to one of the UK's largest cities and its thriving arts, cultural, and business scenes.
Purchase price £135,000.00
type of property 1st floor apartment
number of bedrooms 2
leasehold / freehold Leasehold
if leasehold how long left on lease 135 years
service charge £1,139.89
ground rent £170.00
letting managed or self managed Self-managed
Name of letting agent if managed N/A
letting fees N/A
Current rental income £600.00 pcm
gross rental income £7,200.00 per annum
how long have current tenants been in situ Since May 2019
when does the letting contract end with the current tenant Rolling contract
gross rental income £7,200.00
service charge per annum £1,138.89
ground rent per annum £170.00
letting agent fees per annum £0.00
net income per annum £5,891.11
gross yield 5.3%
net yield 4.4%
Reasons to invest in Warrington.
* Strong Economy: Warrington is a prosperous town with a growing economy, making it an attractive investment opportunity.
* Accessibility: Warrington is strategically located between Manchester and Liverpool, offering excellent transport links and accessibility to other major UK cities.
* Developing Infrastructure: The local government is actively investing in developing infrastructure, including transport, housing, and public services, making it a desirable place to live and work.
* Growing Population: Warrington is a rapidly growing town with a high demand for housing, making it a potentially profitable investment opportunity.
* Diversified Economy: Warrington has a diverse economy with a mix of manufacturing, service, and retail sectors, reducing the risk of over-dependence on a single industry.
Large companies based near Warrington.
* ikea: The world-famous furniture retailer has a large distribution center in Warrington.
* dhl Supply Chain: The multinational logistics company operates a large facility in Warrington, handling distribution for a range of industries.
* Vodafone: The telecommunications giant has a customer service center in Warrington, employing hundreds of people.
* Warburtons: The UK's largest bakery company has a large production facility in Warrington, producing a range of popular baked goods.
* Amazon: The e-commerce giant operates a large distribution center in Warrington, servicing the surrounding area.
* AstraZeneca: The multinational pharmaceutical company has a manufacturing plant in Warrington, producing drugs for both the UK and export markets.
Transport links and nearby location to Warrington.
* Rail: Warrington Central Station provides regular train services to major cities such as Liverpool, Manchester, and London
* Road: Warrington is accessible via the M6, M56, and M62 motorways, connecting it to other major towns and cities in the UK.
* Air: Manchester Airport is the nearest major airport, located just 20 miles from Warrington, offering international flight connections.
* Bus: Warrington has a comprehensive bus network, providing regular services to local towns and villages, as well as to nearby cities such as Liverpool and Manchester.
* Liverpool: Warrington is located just 20 miles from Liverpool, offering access to the city's rich cultural heritage, world-class attractions, and shopping.
* Manchester: Warrington is located just 30 miles from Manchester, offering access to one of the UK's largest cities and its thriving arts, cultural, and business scenes.
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