Summary - 70, Monks Place, WARRINGTON WA2 7DX
2 bed 2 bath Flat
Two-bedroom income property with immediate rental return for investors.
Current long-term tenant in situ providing immediate income
Gross annual income £9,240; potential market rent £9,792
Estimated gross yield ~9.7% rising to ~10.3% at market rent
Leasehold tenure — review lease length, service charges, restrictions
Small overall size ~592 sq ft; limited internal space
Area classed as deprived with higher local crime rates
Modern block with communal parking and low-maintenance exterior
Buyers Premium applies on completion — factor into costs
This two-bedroom flat in Monks Place, Warrington is presented primarily as a buy-to-let opportunity with a long-term tenant in situ. The property is described as well maintained, with a spacious kitchen, two bathrooms and balcony access from the living room. Communal parking and modern apartment-block styling suit low-maintenance investment ownership.
Financially the flat produces a current gross annual income of £9,240; the vendor notes potential to let at £9,792 annually. At the asking price of £95,000 this equates to a current gross yield around 9.7%, rising to roughly 10.3% at the stated market rent — figures that will interest portfolio buyers.
Important practical points: the property is leasehold, situated in an area described as deprived with a higher-than-average crime rate. The flat is small overall (approx. 592 sq ft) and located in an urban, medium-density apartment development. Buyers should review the Let Property Pack, lease terms, service charges, and the Buyers Premium applies on sale.
This is best suited to investors or developers seeking an income-producing asset with immediate rental return and modest refurbishment or re-letting upside. Local transport, good broadband and nearby schools support lettability, but purchasers must factor in area risk indicators and leasehold obligations.
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