Summary - GILBERT HOUSE FLAT 34 OLD COACH ROAD RUNCORN WA7 1NJ
2 bed 2 bath Flat
Stable income, immediate let-ready returns for cashflow-focused buyers.
Two double bedrooms with ensuite and separate three-piece bathroom
Currently let and producing £8,700 gross annual income
Estimated market rent potential of £11,940 per year
Leasehold tenure — check remaining term and service charges
Off-street parking included; building in good condition
Located in an area classified as deprived — affects long-term growth
Buyer’s premium payable on sale — factor into acquisition costs
Fast broadband, low crime and no flood risk
This modern two-bedroom leasehold flat in Runcorn is presented as a buy-to-let opportunity with an existing tenant in situ. The building is well-maintained, red-brick, and sits in a residential area with off-street parking and good natural light. The current gross rental income is £8,700 per year, with documented potential to reach approximately £11,940 at market rates.
For an investor, the stable tenant and steady rent payments reduce immediate void risk and support predictable cash flow. The flat offers two large bedrooms, an ensuite and a three-piece bathroom, a contemporary lounge and a fitted kitchen — ready to let without major refurbishment. Fast broadband, low local crime and no flood risk add to its lettability.
Important considerations: the property is leasehold and located in a broadly deprived area, which can affect long-term capital growth. A buyer’s premium applies on sale, and the unit is sold with a sitting tenant — so any plans for vacant possession or refurbishment will require tenant cooperation. Prospective purchasers should review the Let Property Pack and tenancy documents to confirm income projections, lease terms and service charges.
Overall, this flat suits investors seeking an income-producing asset with short-term uplift potential from rent revaluation, while accepting the constraints of leasehold ownership and tenancy in place.
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