Overview

Delighted to offer these well presented apartments located within this splendid conversion in the area of Runcorn. All apartments are newly built to a high standard in this converted office building.

Operating already is the Butterflies Day Nursery, a 0-5 years childcare business in a separate building on the site grounds. A communal courtyard is available for all apartments.

The fantastic location offers everything Merseyside has to offer on the doorstep including Liverpool John Lennon Airport, Universities and Colleges. The property is within walking distance of the largest shopping centre in Runcorn. Runcorn Shopping Centre, previously known as Halton Lea comprises over 85 shopping

units including banks, bakeries, clothing shops, electrical shops and general supermarkets. In addition the adjacent Trident Park includes a huge multi-screen cinema and many other large retail outlets. 

for Neptune

Developments Ltd to clean up the derelict Crosville depot site and install a pub with restaurant, coffee shop and car park aimed at attracting passing expressway and bridge traffic.

Also approved was a proposal to allow a planning application for homes to be built on a field on Picow Farm Road, and for a site on Murdishaw Avenue to be put up for sale to allow the construction of a food store, drive-through coffee shop and a family pub with restaurant.

Part of the aim of creating a parking spaces on the Crosville site would be to allow homes to be built on a section of the existing Brindley car park. It is hoped that the developments will boost the ‘dwell time’ spent by visitors in the area, particularly Brindley punters, and will enhance Runcorn’s image as a ‘destination’. Mersey Gateway.

The Mersey Gateway is a new road bridge across the River Mersey and the Manchester Ship Canal in north-west England, which began construction in May 2014. The bridge will be located approximately 1.5 km (0.93 mi) to the east of the existing Silver Jubilee Bridge that connects the towns of Widnes and Runcorn. It will connect the Central Expressway in Runcorn with the Eastern

Bypass and Speke Road in Widnes. The new six-lane bridge across the River Mersey between Widnes and Runcorn opened in October 2017 at a cost of £1.86bn over 30 years The bridge is tolled, but free for most Halton residents.

Investment Overview

1 bedroom 9.3% NET

Reservation fee: £5,000

Fully managed for 25 years by a Housing Association (Government backed)

No Landlord costs for Ground Rent, Service Charge, Building Insurance, and Management Charges.

Cash purchase only (Simultaneous exchange and completion)

Immediate income with rental paid monthly

Potential exit option within 3 years by a minimum 30% uplift, with anything over split equally between developer and

investor

1 bedroom £145,500

9.3% net rental £13,531

25 years rental contract