Standout Features
- ECCELLENT INVESTMENT OPPORTUNITY
- LONG STANDING TENANT
- TWO BEDROOMS
- COUNCIL TAX BAND B
- EPC RATING C
- NEW REVIEWED RENT £600 PCM
- GROUND RENT (PA) £100
- SERVICE CHARGE (PA) £1,205
- 250 YEAR LEASE FROM JANUARY 2006
- LEASE REMAINING (YEARS) 231
Property Description
This modern, purpose-built two-bedroom apartment offers a compelling turn-key investment opportunity with strong rental yield potential and minimal maintenance requirements. Currently generating £435 per month on an Assured Shorthold Tenancy (AST), the tenant has expressed interest in renewing at an anticipated rate of £600 per month, representing a significant 38% increase in rental income and enhancing the property's overall returns. Featuring a contemporary open-plan layout, the apartment is highly desirable to tenants and benefits from low-maintenance upkeep due to its modern construction. The property comes with a 250-year lease from January 2006, providing security and longevity for long-term portfolio strategies. Additionally, its convenient proximity to essential amenities ensures strong tenant demand and reduces potential vacancy periods. With its combination of immediate cash flow and long-term growth potential, this apartment is an attractive addition to any investor's portfolio.
Additional Information
Tenure:
Leasehold
Ground Rent:
£100 per year
Service Charge:
£1,205 per year
Council Tax Band:
B
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Sidings Court, Guest Street, Widnes
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