Wednesday, 18 November 2015

Cartwright Street Warrington potentially yielding 7.4%

Good Afternoon Warrington property hunters, take a look at this property up with our friends over at Ashtons in Great Sankey.

This is a 2 bedroom mid terraced on Cartwright Street in Warrington - this street is just off Lovely Lane and about 5minutes walk to the Hospital. So this gives you a good idea of location. The property is 10 minutes walk to town and has a co-op and spar in 5 minutes walking distance, the house is also close to schools.

Other than laying some carpets on a few of the floors the house is pretty much in a ready to let state. A property in this area will let for around £495pcm and as the property is on the market for £79,995 you will achieve a yield of 7.4% however (always a however) a property on the same street finish to a much higher standerd sold for £76,500 althought the property is slightly smaller it has some perks for examaple a large kitchen downstairs and an upstairs bathroom rather than a downstairs bathoom.

It is worth negotiating the the price before you purchase, dont be expecting much capital growth with this property in the future (peak around £93k - in 2004) so if your after some cashflow then this is your property providing you negotiate a good price with the vendor.

Like always feel free to drop me an email or give me a call and I can guide you much more clearer that way - I am happy to attend viewings with you to give you my thoughts on this particular property or any other properties you have seen around Warrington.

If you are in the area then feel free to pop in for a chat we are based at 6 Bankside, Crosfield St, Warrington, WA1 1UP the kettle is always on! you can also send me any property links you have to my email address which is I will be able to give you my opinion on them before you arrange viewings.

Dont forget to visit the links below to view back dated deals and Warrington Property News. 

#warrington #investments #property #warrington #landlords #buytolet #property-buy #capital-growth #investments #property #property-capital-growth #warrington  #letting-agent #lettings-agent #letting-agents #lettings-agents

No comments:

Post a comment