Princes Close, Runcorn, Halton
- PROPERTY TYPE
Terraced Bungalow
- BEDROOMS
3
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 7.0% gross yield – strong, immediate return on the guide price
- Fully tenanted – secure income from completion, no void period
- Freehold tenure – no lease, ground rent or service charge
- Scope to add value – modernisation opportunity to boost rent and capital growth
- Well-connected location – close to schools, transport and amenities
- Broad tenant appeal – double bedrooms, private garden and spacious layout
Description
A well-positioned three-bedroom bungalow in the established Castlefields area of Runcorn, currently tenanted and producing a secure income stream of £675 per calendar month (£8,100 per annum). Offered freehold at a guide price of £115,000, this property delivers an immediate gross yield of 7.0%.
The bungalow is in need of modernisation throughout, presenting an excellent opportunity for an investor to refurbish, enhance rental value and improve capital growth, or for an owner-occupier looking to put their own stamp on a spacious property in a convenient location.
Internally, the accommodation comprises a spacious reception room, ideal for relaxing or entertaining, and a large bathroom offering plenty of space for daily use. The first and second bedrooms are both double-sized, with the first benefiting from an abundance of natural light. The third bedroom offers flexible use as a guest room, home office or additional storage. Outside, the property benefits from a private garden.
Located in Castlefields, the property offers convenient access to local schools, amenities, parks and public transport, with Runcorn East and Runcorn stations providing direct rail links to Liverpool and Manchester, and swift road access via the M56 and M62.
An ideal opportunity for investors seeking a tenanted, income-producing property with scope to add value, or for buyers wanting a spacious bungalow to modernise to their own taste.
Tenure: Freehold
Current Income: £8,100 per annum
Gross Yield: 7.0%
EPC Rating: C
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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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.
- Yes
- 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
Princes Close, Runcorn, Halton
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Visit our security centre to find out moreDisclaimer - Property reference PRINCESS-CLOSE. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.