Immediate rental income in a central location, sold at auction to investors.
Long lease: 231 years remaining
Tenant in situ paying £600pcm on rolling monthly contract
Sold by auction; subject to undisclosed reservation and T&C
Fourth-floor apartment accessed via communal stairs
Community mains-gas heating and double glazing installed
Communal gated car park included
Area records very high crime and very high deprivation
Council tax described as very cheap
A compact two-bedroom fourth-floor apartment close to St Helens town centre, offered with an existing tenant in situ. The property provides a straightforward rental opportunity with a reported current income of £600pcm and a long lease (231 years), making it suitable for buy-to-let investors seeking immediate income and low-maintenance urban stock.
The apartment includes a lounge/kitchen opening onto a balcony, a master bedroom with en suite, a second bedroom and a separate bathroom. There is a communal gated car park and double glazing. Heating is provided via a community mains-gas scheme and the building dates from the late 1990s/early 2000s, so many structural elements are modern.
Buyers should note material drawbacks: the sale is by modern auction (subject to terms and an undisclosed reservation), the tenant is on a rolling monthly contract, and the surrounding area records very high crime levels and significant deprivation. Access is via communal hallway and stairs to the fourth floor, which may affect tenant demand and management.
This is a pragmatic opportunity for investors prepared to buy at auction and manage an existing tenancy. The long lease and central location support rental potential, but factor in local area challenges, tenant status and auction-sale conditions when assessing price and exit strategy.
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