Spacious two bedroom semi-detached property for sale in Runcorn. This property will be sold with a tenant in situ, and currently generates £650.00 per calendar month.
Full address: 12 Dalwood Close, Runcorn WA76JL
Property type: 2-bed, Semi-detached
Tenure: Freehold
Garage & driveway
Front & rear driveway
Investment Information
Purchase price - £130,000
Current tenant in situ
Monthly rental payment being upped to £650pcm as of Jan 2024
Potential annual income: £7,800
Potential yield per annum: 6.0%
Currently privately managed
Current tenant has been in situ since Dec 2018
As a town in the north-west of England, Runcorn benefits from the trends towards growth that are currently being enjoyed by the region as a whole.
According to recent and much-reported figures from real estate services provider Savills, the north-west is going to see a 6 per cent rise in property value in 2022. Similar increases are expected for the next four years, in fact, culminating - by 2025 - in an increase of property value by a remarkable 28.8 per cent.
Runcorn itself, at the local level, has certainly seen growth in past years: even with the disruptions associated with the pandemic, ( ... ) figures indicate that the town has seen a value change of £18,406 over the last five years.