Compact, income-producing flat near transport and parks ideal for investors.
Tenant in situ producing £7,500 pa (gross yield 8.33%)
Compact 364 sq ft one-bedroom layout, efficient and low maintenance
Leasehold with 63 years remaining — may hinder mortgage lending
Service charge £294 (below average)
Double glazing and mains gas central heating installed
Parking provision and fast broadband / excellent mobile signal
Close to public transport, local shops, parks and walking routes
Small size — limited living space and minimal outdoor area
This one-bedroom leasehold flat in Old Hall, Warrington, is presented with a tenant in situ, producing an annual rent of £7,500 and a gross yield of 8.33%. The compact 364 sq ft layout includes a double bedroom, reception room and functional kitchen, offering straightforward, low-maintenance living suited to buy-to-let owners or investors seeking immediate income.
The building dates from the late 1970s and has double glazing and gas central heating, helping with energy efficiency and tenant comfort. On-street or allocated parking is provided and the location benefits from fast broadband, excellent mobile signal and close access to public transport, local shops, parks and walking routes—features that support tenant demand.
Key practical considerations: the property is leasehold with 63 years remaining and a below-average service charge of £294. The remaining lease length may restrict lending options for some mortgage providers and will affect long-term resale value; buyers should seek mortgage and legal advice on lease extension costs before committing.
Overall, this is a small, income-producing flat with clear investment appeal: immediate rental return, low council tax band and practical conveniences nearby. It suits investors comfortable managing a shorter lease or buyers prepared to explore lease extension and modest cosmetic updating.
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