Modern Method of Auction
Auction date not yet published
2-bedroom flat · WA7 1GJ
For saleListed 43 days
Opportunity summary
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About
**investment opportunity. Tenant in situ. Immediate rental income. Two bedrooms. First floor apartment. En-suite. Central runcorn location. Close to waterfront. Lift access.
Early viewing advised.** Adams Real Estate are pleased to bring to the market this modern purpose-built two-bedroom first floor apartment, ideally positioned in central Runcorn and close to the waterfront.
This property represents an excellent investment opportunity and is being sold with a tenant already in situ, providing the new owner with the benefit of immediate rental returns from completion.
The apartment forms part of a well-maintained modern development and benefits from secure intercom entry and lift access to all floors.
Internally, the accommodation comprises; entrance hall, spacious open-plan lounge, dining area and kitchen, two well-proportioned bedrooms, with the principal bedroom benefiting from an en-suite shower room, together with a separate main bathroom.
The property's central location provides convenient access to local amenities, transport links and the waterfront, making it an attractive proposition for tenants and investors alike.
With an existing tenant in situ and rental income already being generated, this is an ideal opportunity for an investor looking to add a ready-to-go property to their portfolio without the usual void period associated with finding a new tenant.
Early viewing is advised to appreciate the accommodation and investment opportunity on offer. Contact Adams Real Estate today to arrange your appointment.
Auctioneer's Comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Viewing By prior appointment only through our Runcorn Office. Note All measurements are approximate.
No appliances or central heating systems referred to within these particulars have been tested and therefore their working order cannot be verified.
Floorplans are for guide purposes only and all dimensions are approximate.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Lock, 5,Apartment 9, The Decks, Runcorn
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