Summary - 15 FOLLY LANE WARRINGTON WA5 0LZ
2 bed 1 bath Apartment
**Standout Features:**
- Modern 2-bedroom ground floor apartment
- Open-plan living room and fully fitted kitchen with integrated appliances
- Off-street parking available
- Currently tenanted, yielding approximately 10%
- Close proximity to Warrington Town Centre and Warrington Hospital
- Leasehold with 131 years remaining on the lease
**Potential Concerns:**
- High crime rate in the area
- Solid brick walls with no confirmed insulation
- Service charge of £174.28/month and ground rent of £150/year
This modern 2-bedroom ground floor apartment offers a compelling investment opportunity, particularly for savvy investors seeking immediate rental income. Located in a contemporary development, the property features an open-plan living area filled with natural light, alongside a fully equipped kitchen with integrated appliances. With reliable tenants in place until February 2026, generating £825 per month, this apartment promises stability and a competitive yield of approximately 10%.
Situated just a stone’s throw from Warrington Town Centre and essential amenities, this home ensures convenience while offering a community-oriented lifestyle. Families will appreciate access to several highly rated primary and secondary schools in the vicinity.
While the property does face some challenges, including high local crime rates and limited wall insulation, its modern appeal and strategic location make it a notable option for discerning buyers. The reasonable asking price of £85,000 and remaining lease term of 131 years further enhance its attractiveness, but early inquiries are highly recommended to secure this quickly selling asset. Envision yourself stepping into a property that combines comfort, convenience, and future potential!
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