# 2 bedroom apartment for rent (CH42 4PE)

## Property Details

| Key | Value |
|-----|-------|
| Address | Apartment 20 The Grange, 506 Old Chester Road, CH42 4PE |
| Price | £475 pcm |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Last sold | £123,500 |

## Description

**** **** Council Tax band A

No Pets/None smokers/Employed only

This lovely centrally located property is available on an initial contract of 6 months

The following tenant fees will apply:

Administration Fee: £120 per tenancy

Credit Referencing Fee: £36 per person

Guarantor Fee (if applicable): £36 per guarantor

Check Out Fee: £48

Tenancy Renewal Fee: £48 

## Property Photos

- ![Photo](/listings/photos/41537395/378713)
- ![Photo](/listings/photos/41537395/378714)
- ![Photo](/listings/photos/41537395/378715)
- ![Photo](/listings/photos/41537395/378716)
- ![Photo](/listings/photos/41537395/378717)
- ![Photo](/listings/photos/41537395/378721)
- ![Photo](/listings/photos/41537395/378728)
- ![Photo](/listings/photos/41537395/378731)
- ![Photo](/listings/photos/41537395/378733)

## Floorplans

- ![Floorplan 1](/listings/photos/41537395/378737) - Floorplan 1

## Rental Range

*ONS Price Index of Private Rents (Wirral). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £752/mo
- **Realistic:** £835/mo
- **Optimistic:** £919/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Wirral (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £524/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Old Chester Road, CH42 | £995/mo | 2 | 0.11 miles | OpenRent |
| 2 Bed Terraced House, Beaconsfield Road, CH62 | £850/mo | 2 | 1.17 miles | OpenRent |

**Average rent: £923/mo (2 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £923/mo).*

- **Gross yield:** 2331.8%
- **Monthly cashflow:** £804/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 7002.5%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)