Summary - Hanover Street, Warrington, WA1 WA1 1LZ
3 bed 3 bath Terraced
Three self-contained flats with garage and cellar close to Warrington stations.
Three self-contained one-bedroom flats (previously a four-bedroom house)
A large Victorian terraced property in the heart of Warrington town centre, this building has been converted into three self-contained one-bedroom flats and offers clear rental or refurbishment potential. Two flats are currently vacant and the third can be sold vacant if required, allowing immediate re-letting, consolidation into a single home or scope for resale after improvement. The property includes a separate cellar, garage and a small rear yard accessed via Flat 1, useful for storage or tenant amenity.
Practical positives include an unusually long lease (approximately 867 years), town-centre walking distance to Warrington Central and Bank Quay stations, fast broadband and excellent mobile signal — all attractive to renters or short commute buyers. The total internal area is around 1,562 sqft and there is an existing utility room and WC on the ground floor.
Buyers should note material local-context issues: the neighbourhood is classified as very deprived with very high crime levels, which will affect rental demand, pricing and insurance costs. The flats will be sold with EPCs ordered but not yet provided; purchasers should commission surveys and checks on services, as fixtures and services have not been tested. Tenure is leasehold — verify terms during purchase.
This property is aimed at investors seeking a town-centre multi-let with immediate occupancy options, or buyers prepared to refurbish and reposition the asset. It suits those who value central transport links and a long lease, but it will require careful tenant selection and possibly targeted investment to maximise returns given the local area challenges.
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