Immediate income, parking and rental uplift potential for hands-off investors.
Currently let to long-term tenants, steady rental income
A practical buy-to-let in Waterside Court, Runcorn, currently let to long-term tenants and producing reliable income. The two-bedroom flat offers straightforward rental management, off-street parking and an average-sized 646 sq ft layout that appeals to steady-yield investors.
The property currently generates a gross income of £7,800 per year (approx. 9.1% gross yield at the asking price of £85,260). There is scope to increase income to around £8,400 per year (approx. 9.9% gross yield) to reflect market rent, subject to tenancy terms and local demand.
Practical considerations are clear: this is a leasehold flat in a deprived wider area with slow broadband speeds and an established tenant who does not intend to move. A Buyers Premium will apply on sale. These factors suit investors seeking immediate cashflow rather than owner-occupiers wanting renovation projects or high-growth capital appreciation.
Overall, this is a low-complexity addition to a rental portfolio — reliable rental history and parking make it easy to manage, while modest uplift in rent offers near-term income improvement. Review the Let Property Pack and tenancy details to confirm rent reviews, lease length and service charge information.
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