Ready-made two‑flat investment near Congleton town centre with tenants in situ..
Two self-contained flats sold with tenants in situ generating £745pcm total
Leasehold with c.150 years remaining; ground rent £100
Service charge £165 (below average)
Compact overall size ~393 sq ft; small rooms and low ceilings
First-floor flat: gas central heating, mezzanine bedroom, private external stairs
Ground-floor flat: electric heaters, one double bedroom, open-plan living kitchen
PVCU double glazing throughout; practical town centre location near park and station
Area classified as deprived; better suited to investors than owner-occupiers
A ready-made investment: two self-contained flats in a small two-storey building, sold with tenants in situ generating £385pcm and £360pcm respectively (total £745pcm). The set-up suits a landlord wanting immediate rental income and minimal voids; both flats have private entrances and PVCU double glazing. The first-floor flat benefits from gas central heating and a mezzanine bedroom, while the ground-floor flat is compact with electric heating.
Practical running costs are clear: leasehold with c.150 years remaining, a below-average service charge of £165 and a modest ground rent of £100. The property is close to Congleton town centre, local amenities and Congleton Park, with very low local crime and good transport links including the nearby railway station.
Notable limitations are the small overall size (approximately 393 sq ft total), low ceilings and generally small rooms — the flats are compact and better suited to rental use than family living. The area is classified as relatively deprived, which may affect long-term capital growth. Buyers should also note the ground-floor flat uses electric heating and that tenants remain in situ, so viewings and possession depend on tenancy terms.
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