Eton Court

## INVESTMENT PROPERTY AND BEING SOLD WITH TENANT IN SITU ##

Pure Investor is delighted to bring to the market this two-bedroom apartment for sale at Eton Court, Hartford, Northwich. The property comprises of entrance hallway, lounge/diner, kitchen, two bedrooms, family bathroom, en-suite and wardrobe space. Outside the property are communal shared gardens and an allocated parking space. The property is being sold with the current tenant in situ where there is scope to increase the rental income to align with the current market rate.

The property offers buyers the chance to purchase an apartment with low service and ground rent charges and a long, healthy lease, which is rare in the UK currently. A managing agent is currently in place who would be happy to continue managing the property once a purchase has concluded.

Please note - The existing tenants are due to move out shortly (June 2025), and the property is currently being advertised at £850.00 per month, with the new tenancy proposed to commence on the 26th June 2025.

INVESTMENT INFORMATION
- Offers over: £135,000.00
- Current rental income: £667.00pcm (£8,004.00pa)
- Current gross yield: 6.0%

- Service charge: £858.36pa
- Ground rent: £67.00pa
- Current net yield: 5.3%

- Potential rental income: £850.00pcm (£10,200.00pa)
- Outgoing costs: £925.36
- Net Income: £8,474.24pa
- Net yield: 6.9%

- Tenure: Leasehold (981 years remaining)
- EPC: C
- Top floor apartment
- Parking space included
- Current tenants on a rolling contract. Been in situ for around three years.

Eton Court - Key Points

Location

Northwich, United Kingdom

Tenure

981 Year Lease

Completion

Completed and Tenanted

Rental Yield

6.9% Gross Yield