5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Lovely Lane, Warrington, Cheshire, WA5
£375,000

Price History

Initial price £390,000
19/09/24 £375,000
Price Change -3.85%

Description

This investment property is a 5-bedroom, 5-en-suite leasehold property with a predicted monthly rental income of £3,500.00pcm, resulting in an annual income of £42,000.00 and a gross yield of 11.2%. The property is currently vacant but has received interest from employees of Warrington General Hospital, which is nearby. The property features a large kitchen/dining space, fully tiled flooring, and new windows and doors throughout. It also has two parking spaces to the rear. The lease has 868 years remaining, with no ground rent or service charge currently payable, as it is not managed by a managing agent.