Finding A Good Deal In Warrington

I was talking to one of my landlords the other day, when he explained there were no property bargains for him to buy in Warrington. We don’t sell property and don’t charge for our advice, but we can give impartial advice without any conflict of interest to our landlords.

Here is what I discovered recently about finding bargains and this is what I shared with him.

A two bedroom apartment in Chapleford Village, on Washington Drive, sold in 2007 for £155,000. In September 2011, it sold again for £130,000, a drop in value of 16.13%!

When new these were marketed as high spec properties so it just shows that to pick up a bargain you don’t need to buy a ‘doer upper’.

Back in January 2013 a three bedroom terrace on Longshaw Street sold for £65,000. In February 2008, it had sold for £95,000 making it a very good deal now.

Of course, the beauty of this particular deal is that as a landlord you would be benefiting both from a great yield and also owning a freehold property which in the long term is only ever a good thing when it comes to capital appreciation.

Whether you are a landlord of ours or not, give me a call on 01925 235 338 or email tpatel@hamlethomesproperty.co.uk  if you would like any help or advice or just a general chat about the Warrington Property Market.