Firdale Road, Northwich, Cheshire West And Chester
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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Key features
- Immediate income — sold with a tenant in place paying £750 pcm, a 7.5% gross yield from day one
- Evidenced upside — comparable rental data supports £800 pcm on re-let, lifting yield to c. 8.0%
- No ground rent, no service charge — peppercorn lease with c. 955 years remaining protects net returns
- MEES-compliant — EPC C rating removes a common landlord cost/risk
- Sub-£120k entry point — low capital outlay for a cash-flowing, income-producing asset
- Strong rental location — Northwich's transport links and employment base support consistent tenant demand
Description
Full Rightmove Listing
15 Firdale Road, Northwich, Cheshire West and Chester, CW8 4AZ
Tenanted Two-Bedroom Investment Flat — £120,000 | 7.5% Gross Yield (rising to c. 8.0%)
A genuine, no-nonsense buy-to-let opportunity: a tenanted two-bedroom flat in Northwich, sold with a paying tenant in place and an immediate 7.5% gross yield at the asking price.
The flat is held on a long peppercorn lease of approximately 999 years from 24 June 1982 (c. 955 years remaining), with no ground rent and no service charge — so the full rent flows straight through to the investor before standard running costs. The freeholder is absent, keeping third-party involvement to a minimum.
The current tenant pays £750 pcm (£9,000 p.a.) and has indicated they intend to vacate in the coming months. Independent Rightmove comparable rental evidence supports an achievable market rent of £800 pcm on re-letting — lifting the gross yield to c. 8.0% without any speculative assumptions. That gives an incoming buyer both immediate income from completion and a clear, evidenced route to a higher return shortly after.
With an EPC rating of C, the property already meets current MEES rental standards, removing a common compliance cost many investors face elsewhere.
Northwich itself is a well-established Cheshire market town with strong tenant demand, good rail links, and easy road access via the A556/A559 to Chester and Manchester — the kind of location that keeps two-bedroom flats consistently let.
Investment Summary
Scenario Monthly Rent Annual Rent Gross Yield
Current passing rent £750 £9,000 7.5%
Reversionary potential £800 £9,600 8.0%
Sub-£120,000 entry price, evidenced yield upside, minimal ongoing costs, and low management complexity — this is a straightforward addition to a growing portfolio, or a strong first buy-to-let purchase.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Firdale Road, Northwich, Cheshire West And Chester
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Visit our security centre to find out moreDisclaimer - Property reference firdale-road. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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