Hanover Street, Warrington, WA1 1LZ

An excellent opportunity to acquire a fully income-producing property in central Warrington, generating £1,975 per calendar month (£23,700 per annum) and delivering a gross yield of approximately 9.87% at the asking price of £240,000.

The property is arranged as one building configured into two distinct income streams, offering both stability and diversification within a single freehold title.

6A comprises a self-contained one-bedroom flat, arranged in a traditional layout with living room, kitchen, double bedroom and bathroom.

The flat is currently let at £600 per calendar month, providing reliable single-tenancy income. 6B is configured as a three double bedroom multi-let.

Room 1 benefits from its own private living space and currently achieves £475 per calendar month, while Rooms 2 and 3 generate £450 per calendar month each.

The tenants share a communal kitchen and bathroom. In total, 6B produces £1,375 per calendar month.

Combined, the property delivers a total rental income of £23,700 per annum across four income-generating tenancies.

The hybrid structure, blending a self-contained flat with multi-room accommodation, provides diversified rental income, helping to mitigate void risk while maintaining strong overall yield performance.

The property is being sold with tenants in situ, allowing a purchaser to benefit from immediate income from day one.

Its sub-£250,000 price point makes it an accessible addition to both growing and established portfolios, particularly for landlords seeking strong cash flow in established town centre locations.

WA1 remains a consistently popular rental area, attracting working professionals due to its excellent transport links, proximity to employment hubs and relative affordability compared with surrounding commuter towns.

Continued demand supports both occupancy levels and future rental growth potential, subject to market conditions.

Permission Granted: Convert 6A (Flat) & 6B (C4 HMO) back to 1 property, to Sui Generis, 7 bed, 7 person HMO.

This is a compact, high-performing asset offering immediate return, diversified income and long-term strategic appeal. Asking Price: £240,000 EPC rating: D. Tenure: Leasehold,