Ward Street, St. Helens WA10 2 bed terraced house for sale

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Ward Street, St. Helens WA10 2 bed terraced house for sale

Ward Street, St. Helens WA10
£108,000

Price History

Initial price £120,000
14/02/25 £108,000
Price Change -10.00%

Description

This 2-bedroom mid-terrace house in St. Helens is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, wide kitchen, 2 bedrooms, and a bathroom. Currently, it produces an annual gross income of £10,800 with long-term tenants already in place, and the lease has 5 years and 11 months remaining. The property is leased to Nacro Housing Association, which guarantees £80,000 in rental income after the contract and offers a secure opportunity with no void periods for the past 4 years. The lease is also CPI-linked with a 2.5% annual rent increase, ensuring future investment potential. The current tenants have lived in the property for several years and have consistently paid their rent, with no intention to move out.