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For Sale Junction Lane, St. Helens, WA9 Offers in excess of £375,000

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More about this property

Fully let investment block comprising 4 self-contained apartments

Annual rental income of £33,600

Attractive yield of approximately 8.96%

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

Freehold

Attention Investors-Freehold Block of 4 Apartments | £33,600 Rental Income | 8.96% Yield
A fantastic opportunity for investors to acquire a freehold block of four self-contained residential apartments in the popular Sutton area of St. Helens. The property currently generates £33,600 per annum (£2,800 pcm) in rental income, reflecting an attractive gross yield of approximately 8.96%. Purpose-built in 2016 and presented to a high standard, the property provides a modern, fully let investment with the benefit of private rear parking.
The two ground-floor one-bedroom apartments have been recently converted from former commercial units and each has its own private entrance. Internally, they comprise an open-plan kitchen and living area, inner hallway, double bedroom and modern bathroom, with access to the rear parking area. Planning and Building Regulations documentation relating to the conversion is available to interested purchasers.
The two upper-floor duplex apartments are accessed via a communal entrance and provide generous accommodation over two floors. Each comprises an entrance hall, fitted kitchen and spacious living room to the first floor, with two double bedrooms and a bathroom to the upper floor. The principal bedrooms are particularly generous in size.
The property is fully let with established rental income, and tenancy and rental documentation is available to interested buyers for review as part of their due diligence. The availability of the relevant property, tenancy, planning and Building Regulations documentation also provides useful supporting information for purchasers and their professional advisers when considering finance and mortgage requirements.
Situated on Junction Lane in Sutton, the property is within walking distance of a range of local amenities, including shops, supermarkets, cafés and restaurants. Ravenshead Retail Park, St. Helens town centre and excellent transport links are also within easy reach, with nearby train services providing convenient regional connections.
Offering four self-contained apartments, £33,600 annual rental income, an approximately 8.4% gross yield, freehold ownership and private parking, this is a turnkey investment opportunity with supporting documentation available to interested purchasers.

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Stamp Duty for Junction Lane, St. Helens, WA9

Stamp Duty Land Tax

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Total SDLT due

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Please note: This is for illustrative purposes only. The above calculator should not be relied upon when making financial decisions. Please seek advice from a specialist financial provider.

IMPORTANT NOTICE FROM LITTLE ESTATES

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.