Northwich, Cheshire
£120,000
For more information please contact our team:
A fantastic opportunity to acquire this beautifully renovated two-bedroom first floor apartment, ideally situated in the popular and well-connected village of Weaverham, Northwich. Having undergone a recent full refurbishment a couple of years ago, the property is presented to an excellent standard throughout and is available with a current tenant in situ producing £750 per calendar month (£9,000 per annum), making this an attractive proposition for investors seeking an immediate return, as well as owner-occupiers looking for a ready-to-move-into home.
Accessed via a private entrance hall, the property offers well-proportioned living accommodation throughout, comprising a comfortable lounge, a fitted kitchen, two double bedrooms, and a family bathroom, all finished to a high standard following the recent renovation. The apartment also benefits from the rare addition of private use of an enclosed rear garden.
In brief, the accommodation comprises:
Weaverham is a highly regarded village on the edge of Northwich, offering a wealth of local amenities including shops, schools, and excellent transport links to Northwich, Chester, and the wider North West, making it a popular choice for both owner-occupiers and tenants alike.
| Asking Price | £120,000 |
| Current Rental Income | £750 pcm / £9,000 pa |
| Service Charge | £670 per annum |
| Ground Rent | £10 per annum |
| Net Annual Income | £8,320 per annum |
| Gross Yield | 7.5% |
| Net Yield | 6.9% |
| Lease Term Remaining | 92 years (landlord open to extending) |
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Property Price
Mortgaged
Cash Purchase
Deposit
£0.00
£120,000.00
Sourcing Fees
£3,000.00
£3,000.00
Legal Fees
Stamp Duty
Cash Invested
Property Rent
Rental Per Month
£750.00
£750.00
Rental Income PA
£9,000.00
£9,000.00
Mortgage Details
Interest Only Rate
N/A
Mortgage Balance
N/A
Annual Interest Cost
N/A
Property Management
I would like this property managed on my behalf
Management Fee Rate
Management Fee PA
£0.00
£0.00
Growth Assumptions
Capital Growth P/A
Rental Growth P/A
Year 1 - Return on Investment
Annual Gross Profit
£0.00
£0.00
ROCE Year 1
0%
0%
Year 2 - Return on Investment
Retnal Income
£0.00
£0.00
Property Valuation
£0.00
£0.00
Management Fee
£0.00
£0.00
Gross Profit
£0.00
£0.00
ROCE Year 2
0%
0%
Year 3 - Return on Investment
Retnal Income
£0.00
£0.00
Property Valuation
£0.00
£0.00
Management Fee
£0.00
£0.00
Gross Profit
£0.00
£0.00
ROCE Year 3
0%
0%
Year 4 - Return on Investment
Retnal Income
£0.00
£0.00
Property Valuation
£0.00
£0.00
Management Fee
£0.00
£0.00
Gross Profit
£0.00
£0.00
ROCE Year 4
0%
0%
Year 5 - Return on Investment
Retnal Income
£0.00
£0.00
Property Valuation
£0.00
£0.00
Management Fee
£0.00
£0.00
Gross Profit
£0.00
£0.00
ROCE Year 5
0%
0%
Compounded ROI after 5 Years
Cash Invested
£0.00
£0.00
Interest Paid
£0.00
N/A
Rent Received
£0.00
£0.00
Management Fee Paid
£0.00
£0.00
Gross Profit
£0.00
£0.00
ROCE After 5 Years
0%
0%
Growth in Property Value
£0.00
£0.00
Overall Return on Investment
5 Year Combined Gross Profit + Growth in Property Value
£0.00
0%
£0.00
0%
If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.