Summary - 33, CHURCH STREET WA7 1LX
3 bed 3 bath Block of Apartments
Turnkey, fully let investment with retail frontage and loft storage potential.
- Freehold mixed-use block: ground-floor retail plus two one-bed flats
- Fully tenanted, immediate income; combined income about £25,200 pa
- Gross yield approximately 9% at the asking price
- Flats fitted with appliances; one flat has a floored loft room
- Apartments use electric combi boilers; heating arrangements mixed across property
- Building pre-1900 with solid brick walls; likely no cavity insulation
- Town centre location with strong footfall but very high local crime
- Area classified as very deprived; buyer should review tenancy risk
A compact, income-producing mixed-use block in the heart of Runcorn town centre, offered freehold with immediate rental returns. The property comprises a ground-floor retail unit plus two one-bedroom flats, all let and producing combined income around £25,200 per year (commercial circa £10,200; residential circa £15,000), giving a gross yield close to 9% at the asking price.
The two upper flats are presented to a high specification and include fitted appliances; both flats use electric combi boilers for heating and hot water. The commercial unit includes a retail frontage, a cellar housing the meters, and separate access to the residential entrance. One upper flat benefits from a floored loft room with Velux and eaves storage, adding lettable/usable space.
Practical considerations: the building dates from before 1900, has solid brick walls (assumed without cavity insulation) and mixed heating arrangements across units. The immediate area is very deprived with very high recorded crime, so investor due diligence and tenancy management priorities should reflect local market conditions. Early viewing is advised to inspect leases, service records and energy systems.
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