Freehold mixed-use block with immediate rental income and circa 9% yield..
- Freehold mixed-use: ground-floor retail plus two fully let apartments
- Immediate income: total annual rent circa £25,200 (commercial £10,200)
- Reported gross yield about 9% at asking price
- Residential units fitted with appliances; electric combi boilers in flats
- Victorian solid-brick building; likely no wall insulation (pre-1900)
- Town-centre location with excellent broadband and mobile signal
- Area risks: very high crime and very deprived local indicators
- Cellar contains meters; communal entrance and loft storage in Flat 2
A rare freehold, mixed-use investment in the heart of Runcorn town centre, offered with immediate income from a ground-floor retail unit and two fully let apartments. The building is Victorian in origin, occupies a large footprint across multiple levels and includes a cellar housing the property meters for straightforward management.
The residential flats are presented to a high standard and each is currently let; both flats use electric combi boilers for hot water and heating, and there are fitted appliances in each unit. Reported combined current income is circa £25,200 per year, giving an indicative rental yield around 9% based on the asking price — attractive for buy-to-let portfolios seeking immediate returns.
Buyers should note material negatives: the property sits in an area with very high crime levels and very high deprivation indicators, which can affect tenant demand and exit strategies. The building is of solid brick construction (originally pre-1900) and appears to lack modern wall insulation, so long-term energy upgrades could be required to improve efficiency and tenant comfort.
This suited investor opportunity benefits from a town-centre position, established rental income and a freehold title under a single ownership. Early viewings are recommended for those seeking an income-producing asset with scope for medium-term value uplift through targeted energy improvements or commercial reconfiguration.