Greenway Road, Runcorn
AD

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 %
from 199,519.00 £
Average area rental value
1,060.00 £/mo
Increased by 29.74 %
from 817.00 £/mo
Est rental Yield
4.38 %
Decreased by 10.79 %
from 4.91 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Adams Estate Agents marked this listing as sold.

  • Adams Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Victoria Road Primary SchoolCommunity SchoolGood0.20 KM
Runcorn All Saints Cofe Primary SchoolVoluntary Aided SchoolGood0.51 KM
St Clement'S Catholic Primary SchoolVoluntary Aided SchoolGood0.70 KM
Westfield Primary SchoolCommunity SchoolRequires improvement1.04 KM
Widnes AcademyAcademy Sponsor LedGood1.22 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Cavendish Street £ 000.00 KM
Wellington Street £ 70,00000.00 KM
Brindley Street £ 000.00 KM
Whitley Close £ 000.00 KM
Vista Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Runcorn2291RUN0.43 KM
Widnes2391WID4.46 KM
Frodsham2284FRD4.92 KM
Hough Green2303HGN5.79 KM
Runcorn East2294RUE7.80 KM

Nearby Listings

AddressPriceTypeScoreDistance
Greenway Road, Runcorn £ 220,000BUY4 / 100.00 KM
Greenway Road, Runcorn £ 180,000BUY6 / 100.06 KM
New Street, Runcorn, WA7 5TU £ 99,950BUYUnknown0.08 KM
Albany Terrace, Runcorn, WA7 £ 130,000BUY6 / 100.09 KM
Albany Terrace, Runcorn £ 130,000BUY6 / 100.10 KM

Nearby Properties

AddressPriceDistance
56 Greenway Road £ 125,0000.01 KM
60 Greenway Road £ 190,0000.01 KM
76 Greenway Road £ 61,0000.01 KM
58 Greenway Road £ 97,5000.01 KM
71 Greenway Road £ 41,5000.06 KM