Yieldit are pleased to present to the market this lucrative investment opportunity, the mid terraced property is currently operating as a four-bedroom HMO generating an annual income of £16,656 which is an impressive 7% NET yield. The property compromises of an entrance hallway; communal kitchen complete with appliances; dining area; four well-proportioned bedrooms; gas central heating; double glazing and a back yard.

Froghall Lane is situated in Warrington, the largest town within Cheshire, nestled between the vibrant UK cities of Liverpool and Manchester. The accommodation sits in an extremely convenient location being just a stone’s throw away from Warrington town centre offering a fantastic choice of amenities, shops, bars and restaurants. It’s proximity to Warrington Hospital, several schools, the nearby motorway network and Warrington Central station providing superb transport links make it the ideal let and will ensure a continuous strong rental demand from young professionals and commuters alike.

Over the next 20 years Warrington will see continuous redevelopment to increase it’s appeal as a destination to visit, live, work and do business. Current regeneration projects such as the demolition of New Town House will create 215,000 square foot of commercial office space, 900 apartments and a hotel which will create new jobs and drive the demand for rental properties.

The Warrington property market has seen 14% growth since 2019 and the average sale price of a property in the town is £261,355 with terraced properties selling for an average of £182,230 (Rightmove) which means this is a brilliantly priced opportunity for investment. Don’t miss out and enquire early today!