Summary - SIDING COURT FLAT 25 GUEST STREET WIDNES WA8 7RW
2 bed 1 bath Apartment
Turn-key rental with long lease and immediate income potential.
Two-bedroom purpose-built apartment, ready-let to long-standing tenant
A purpose-built two-bedroom apartment offered as a ready-made investment with an established long-term tenant. The lease runs to 250 years from January 2006 (approximately 231 years remaining), giving long-term security for a buy-to-let portfolio. EPC rating C and modern double glazing reduce immediate maintenance needs.
The property currently produces £435 pcm on an AST; a recently reviewed rent of £600 pcm has been indicated, which would materially improve yield. Annual outgoings include a service charge of £1,205 and ground rent of £100. Heating is by electric room heaters, which can raise running costs compared with gas-heated flats.
Location offers practical tenant demand with good local transport links, nearby shops and several well-regarded primary and secondary schools. However, the area is very deprived with very high recorded crime levels, which may affect tenant profiles and future capital growth.
This is a straightforward, low-upkeep holding aimed at investors seeking immediate cashflow and long lease security. Buyers should factor in service charges, electric heating costs and the local area profile when assessing yield and resale prospects.
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