Greenway Road, Runcorn
By Adams Estate Agents
£ 220,000
Reviews
2 out of 5 stars
Adams Estate Agents says ..
**UNIQUE INVESTMENT OPPORTUNITY. 3 X 1 BEDROOM APARTMENTS AND 1X COMMERCIAL UNIT. FREEHOLD DEVELOPMENT. FULLY TENANTED. VIEWING HIGHLY ADVISED.**
Property Oracle says ..
This property on Greenway Road, Runcorn, presents a unique investment opportunity comprising three one-bedroom apartments and a commercial unit (currently a barber shop). The listing price is £220,000. The property’s location offers convenient access to local schools and Runcorn railway station. However, the provided photographs reveal that the property’s condition requires significant attention. The interior is dated and in need of modernisation and renovation; this would significantly impact overall value and future rental yield. The small yard provides some limited external space but requires landscaping. While the location is acceptable, and the inclusion of a tenanted commercial property presents a possible income stream, it is essential to factor in the cost of necessary renovations before making a purchase decision. It is recommended that potential buyers conduct thorough inspections, obtain professional valuations, and undertake comprehensive market research to make an informed purchasing decision. The lack of provided square footage data makes in-depth analysis about the price per square foot challenging. A potential buyer must factor in these costs alongside an appraisal of the income potential from rental incomes.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 6
- Land
- 2
- Bedrooms
- 4
- Bathrooms
- 3
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 290,444.00 £Increased by 45.57 %
- Average area rental value
- 1,060.00 £/moIncreased by 29.74 %
- Est rental Yield
- 4.38 %Decreased by 10.79 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Adams Estate Agents marked this listing as sold.
Adams Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Victoria Road Primary School | Community School | Good | 0.20 KM |
| Runcorn All Saints Cofe Primary School | Voluntary Aided School | Good | 0.51 KM |
| St Clement'S Catholic Primary School | Voluntary Aided School | Good | 0.70 KM |
| Westfield Primary School | Community School | Requires improvement | 1.04 KM |
| Widnes Academy | Academy Sponsor Led | Good | 1.22 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cavendish Street | £ 0 | 0 | 0.00 KM |
| Wellington Street | £ 70,000 | 0 | 0.00 KM |
| Brindley Street | £ 0 | 0 | 0.00 KM |
| Whitley Close | £ 0 | 0 | 0.00 KM |
| Vista Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Runcorn | 2291 | RUN | 0.43 KM |
| Widnes | 2391 | WID | 4.46 KM |
| Frodsham | 2284 | FRD | 4.92 KM |
| Hough Green | 2303 | HGN | 5.79 KM |
| Runcorn East | 2294 | RUE | 7.80 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Greenway Road, Runcorn | £ 220,000 | BUY | 4 / 10 | 0.00 KM |
| Greenway Road, Runcorn | £ 180,000 | BUY | 6 / 10 | 0.06 KM |
| New Street, Runcorn, WA7 5TU | £ 99,950 | BUY | Unknown | 0.08 KM |
| Albany Terrace, Runcorn, WA7 | £ 130,000 | BUY | 6 / 10 | 0.09 KM |
| Albany Terrace, Runcorn | £ 130,000 | BUY | 6 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 56 Greenway Road | £ 125,000 | 0.01 KM |
| 60 Greenway Road | £ 190,000 | 0.01 KM |
| 76 Greenway Road | £ 61,000 | 0.01 KM |
| 58 Greenway Road | £ 97,500 | 0.01 KM |
| 71 Greenway Road | £ 41,500 | 0.06 KM |