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2 bedroom flat for sale
Carriage Drive, Northwich, Cheshire, CW8
£135,000
Carriage Drive, Northwich, Cheshire, CW8
£135,000
Price History
Initial price | £140,000 |
01/04/25 | £135,000 |
Price Change | -3.57% |
Description
This two-bedroom apartment at Eton Court, Hartford, is being sold as an investment opportunity with a tenant in situ, offering a current rental income of £667 per month (£8,004 per annum) and a gross yield of 6.0%. The property benefits from low service and ground rent charges, as well as a long healthy lease with 981 years remaining. With the potential to increase the rental income to £850 per month (£10,200 per annum), the net yield could be as high as 6.9%. The property is a top-floor apartment with an allocated parking space and communal shared gardens. The current tenants have been in situ for around three years and are on a rolling contract. The apartment is being sold with a managing agent in place, making it a hassle-free investment opportunity for the right buyer.