Great rental yield potential close to town centre and amenities.
Chain-free ground-floor two-bedroom apartment, 577 sq ft
Presented as a chain-free investment, this ground-floor two-bedroom apartment has been recently redecorated with new floor coverings and a refurbished bathroom. The property offers a large reception room with an open-plan modern kitchen, an en-suite to the main bedroom and a designated off-street parking space. At 577 sq ft and with 109 years remaining on the lease, it suits buy-to-let purchasers seeking a ready-to-rent flat close to Northwich town centre.
Running costs and tenure are important considerations. The apartment is leasehold with a service charge of approximately £1,236 per year and a ground rent of £125 per year. Heating is electric, which can be more costly than gas; the council tax band is B. These factors should be weighed alongside the low flooding risk and excellent mobile/broadband connectivity.
The location is convenient for amenities and public transport, within walking distance of the town centre and local schools. Note the wider area indicators: high local deprivation and very high crime statistics; these are relevant for resale and rental market considerations. Overall, this is a practical, low-maintenance investment opportunity offering immediate rental potential but requiring buyer awareness of local socio-economic factors.