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£80,000

Waterside Court, Old Coach Road, Runcorn, WA7

  • 2 beds
Flat

£80,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£365 per month

Minimum deposit amount:

£4,000
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AVAILABLE TO PURCHASE WITH EXISTING ASSURED SHORTHOLD TENANCY WITH GROSS RENTAL INCOME OF ?8,640 per annum !!! (approx gross yield of 10% per annum)
EDWARDS GROUNDS offer for this spacious first floor apartment set in a popular location set alongside Manchester Ship Canal and River Mersey. The apartment is available to purchase with an existing tenant on an assured shorthold tenancy. Consisting of 'L' shaped hallway providing access to spacious lounge with feature 'Juliet balcony' providing superb outlook over Manchester Ship Canal and River Mersey, separate fitted kitchen , two double bedrooms, en-suite shower room to master bedroom and separate bathroom. Externally there is communal parking area with allocated parking space, maintained gardens and grounds and secure access to communal vestibule and stairs to each floor.
FLOOR PLAN

Entrance Hall:
A long L-shaped hallway accessed off first floor communal landing, electric panel wall heater, intercom system linked to communal secure front door, laminate flooring, access to lounge, kitchen, bedrooms, bathroom and built-in cupboard housing electric hot water tank.
Lounge 18'1 (5.51m) x 11' (3.35m)
A spacious lounge with feature UPVC double glazed French doors opening inwardly with Juliet balcony providing excellent views over the Manchester Ship Canal, River Mersey and beyond, two UPVC double glazed windows, two electric wall heaters, T.V. point, satellite T.V. point and telephone point.
Kitchen: 9'4 (2.84m) x 7'2 (2.18m)
UPVC double glazed window to side, range of wall and base units, fitted work surfaces, electric hob with pull out filter extractor hood above and electric oven beneath, 1 1/2 bowl stainless steel sink and drainer with mixer tap over, kick board electric heater, plumbing and recess space for washing machine, space for tall standing fridge freezer, vinyl flooring.
Master Bedroom 11' (3.35m) x 10'7 (3.23m)
UPVC double glazed window to rear providing excellent views over the Manchester Ship Canal, River Mersey and beyond, electric panel wall heater, T.V. point, access to en-suite shower room.
En-suite: 5'7 (1.7m) x 4'10 (1.47m)
Glass shower enclosure set onto shower tray with mains powered shower within, pedestal wash basin, w.c. with push button flush, electric heated towel rail, vinyl flooring, ceiling extractor fan, electric shaver point.
Bedroom 2: 12'7 (3.84m) x 10'2 (3.1m)
A spacious second double bedroom with UPVC double glazed window to front, electric panel wall heater.
Bathroom: 7'4 (2.24m) x 5'6 (1.68m)
White panel bath, pedestal wash basin, w.c. with push button flush, electric heated towel rail, half height tiling to walls, electric shaver point.
Externally
To the front of the building is car parking areas used by residents within Waterside Court with allocated numbered parking space and additional visitor spaces. Access to the apartment block is via a secure door with external secure mail boxes for each apartment. Within the internal secure vestibule area are stairs leading to each floor with access to each individual apartment. There is external maintained grounds and bin stores.
Terms of Lease and Service Charges
We are informed by the seller that the property is leasehold with an annual ground rent charge of ?75 payable to Home Ground Management Limited on behalf of the Freeholder. The length of lease was 125 years from new build and has approximately 104 years remaining. The Waterside Court development is managed by Casserley Property Management Ltd on behalf of the resides with a monthly service charge of approximately ???? which includes building insurance and upkeep, maintenance and cleaning of communal areas both internally and externally. Confirmation of these terms and fees will be provided by solicitors.
Current Assured Shorthold Tenancy Information
The property is currently tenanted on an Assured Shorthold Tenancy Agreement by occupants that has resided in the property since September 2023 with current rental of ?720 per calendar month (?8,640 per annum). The current tenant has renewed an AST contract for 12 months from 31st of August 2024 at a rental income of ?720pcm. This property is currently fully managed by Edwards Grounds Lettings and further information and confirmation of this tenancy can be provided by the management Agent on behalf of the owners.
REFERENCE
SH/AR/ID32905 - 24.11.06

CONTACT THE RUNCORN OFFICE
01928 574477

49 Church Street, Runcorn


All measurements are taken electronically and whilst every care is taken with their accuracy they must be considered approximate and should not be relied upon when purchasing carpets or furniture. Floor plans are not to scale and are for illustration purposes only. No responsibility is taken for any error, omission or misunderstanding in these particulars which do not constitute an offer or contract. Services and appliances have not been tested and therefore no warranty is offered on their operational condition.

WARNING NOTICE: The intruder alarm (if fitted), central heating boiler, radiators, gas or electric heaters and other gas or electrical appliances, which are mentioned in these details, have not been and will not be tested by us, as we are not qualified to do so. Purchasers are therefore advised to undertake their own independent tests, should they consider this necessary.
MAKING AN OFFER
The owners of the homes we have for sale have placed their trust in us to sell their homes effectively.

To help to achieve simplification of a process that can be complicated, we have developed a few steps to help all parties reach the right conclusion and make the correct decision for them.

Therefore, if you wish to make an offer on this or any other property we ask you to:

1. Register any interest with us at your earliest opportunity.

2. Book an appointment with us to determine your ability to further that interest.

3. Give us the information to improve the sellers ability to make an informed decision of your interest.

4. We promise to provide you with as much information and assistance as we are able, to help you confirm your ability to progress matters.

5. We promise to keep your appointment concise and to the point.
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Stamp Duty tax
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Mortgage and legal costs:
£999
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