£425,000

6 bed flat for sale
Junction Lane, St. Helens WA9

    • 6 beds

  • EPC Rating: D

  • Freehold

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Little Estate Agents

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About this property

  • Fully let investment block comprising 4 self-contained apartments

  • Annual rental income of £32,400

  • Attractive yield of approximately 7.6%

  • Built in 2016 and presented to a high standard throughout

  • Two ground-floor one-bedroom apartments with private entrances

  • Two spacious two-bedroom duplex apartments with large double bedrooms

  • Private rear car park providing off-road parking for residents

  • Popular Sutton location close to amenities, transport links and train station

Detailed Description

A fantastic opportunity for investors to acquire a modern, fully let apartment block comprising four self-contained residential apartments in the popular Sutton area of St. Helens. Generating an annual rental income of £32,400 and offering an attractive yield of approximately 7.6%, this purpose-built development was constructed in 2016 and is presented to a high standard throughout. The building consists of two one-bedroom apartments on the ground floor and two spacious two-bedroom duplex apartments on the upper floors, providing a diverse and attractive rental offering. Externally, the property benefits from a private rear car park, providing valuable off-road parking for residents.

The two ground-floor one-bedroom apartments have been recently converted from former commercial units and each benefit from their own private entrance, offering tenants an added sense of independence and privacy. Internally, they comprise an open-plan kitchen and living area, an inner hallway leading to a double bedroom and a modern bathroom, with access to the rear parking area. The two upper-floor duplex apartments are accessed via a communal entrance hall and provide particularly generous accommodation arranged over two floors. Each apartment comprises an entrance hall, fitted kitchen and spacious living room to the first floor, whilst the upper floor offers two double bedrooms and a bathroom. The principal bedrooms are especially impressive in size, making these apartments highly desirable to tenants.

Situated on Junction Lane in Sutton, a well-established and convenient suburb of St. Helens, the property is within walking distance of a wide range of local amenities including shops, supermarkets, banking facilities, cafés and restaurants. Ravenshead Retail Park, St. Helens town centre and excellent transport links are all within easy reach, while nearby train services provide convenient connections for commuters travelling across the region. Offering four fully let apartments, a proven rental income, modern accommodation and a strong yield, this is a rare turnkey investment opportunity that is ready to generate returns from day one.

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Property descriptions and related information displayed on this page are marketing materials provided by - Little Estate Agents. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Little Estate Agents for full details and further information.