# 2 bedroom flat for sale (WA7 1GJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | The Decks, Runcorn, WA7 1GJ |
| Price | £65,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | B |

## Description

**INVESTMENT OPPORTUNITY. TENANT IN SITU. IMMEDIATE RENTAL INCOME. TWO BEDROOMS. FIRST FLOOR APARTMENT. EN-SUITE. CENTRAL RUNCORN LOCATION. CLOSE TO WATERFRONT. LIFT ACCESS. EARLY VIEWING ADVISED.**

Adams Real Estate are pleased to bring to the market this modern purpose-built two-bedroom first floor apartment, ideally positioned in central Runcorn and close to the waterfront. This property represents an excellent investment opportunity and is being sold with a tenant already in situ, providing the new owner with the benefit of immediate rental returns from completion.

The apartment forms part of a well-maintained modern development and benefits from secure intercom entry and lift access to all floors. Internally, the accommodation comprises; entrance hall, spacious open-plan lounge, dining area and kitchen, two well-proportioned bedrooms, with the principal bedroom benefiting from an en-suite shower room, together with a separate main bathroom.

The property's central location provides convenient access to local amenities, transport links and the waterfront, making it an attractive proposition for tenants and investors alike.

With an existing tenant in situ and rental income already being generated, this is an ideal opportunity for an investor looking to add a ready-to-go property to their portfolio without the usual void period associated with finding a new tenant.

Early viewing is advised to appreciate the accommodation and investment opportunity on offer. Contact Adams Real Estate today to arrange your appointment.

**Auctioneer's Comments**

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

**Viewing**

By prior appointment only through our Runcorn Office.**Note**

All measurements are approximate. No appliances or central heating systems referred to within these particulars have been tested and therefore their working order cannot be verified. Floorplans are for guide purposes only and all dimensions are approximate.

## Property Photos

- ![Photo](/listings/photos/92818581/2354077)
- ![Photo](/listings/photos/92818581/2354078)
- ![Photo](/listings/photos/92818581/2354079)
- ![Photo](/listings/photos/92818581/2354080)
- ![Photo](/listings/photos/92818581/2354081)
- ![Photo](/listings/photos/92818581/2354082)
- ![Photo](/listings/photos/92818581/2354083)
- ![Photo](/listings/photos/92818581/2354084)
- ![Photo](/listings/photos/92818581/2354085)

## Floorplans

- ![Floorplan 1](/listings/photos/92818581/2354086) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/92818581/2354087) - EPC 1

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| LOCK 8 APARTMENT 23 THE DECKS, RUNCORN, HALTON, WA7 1GT | £39,995 | 26/11/2025 | Flat |
| 139 BRIDGE STREET, RUNCORN, HALTON, WA7 1BE | £56,000 | 12/09/2025 | Flat |
| LOCK 3 APARTMENT 33 THE DECKS, RUNCORN, HALTON, WA7 1GG | £68,000 | 28/11/2023 | Flat |
| LOCK 4 APARTMENT 40 THE DECKS, RUNCORN, HALTON, WA7 1GH | £72,500 | 07/10/2022 | Flat |
| LOCK 3 APARTMENT 46 THE DECKS, RUNCORN, HALTON, WA7 1GG | £81,500 | 30/09/2022 | Flat |
| [Same street] LOCK 5 APARTMENT 5 THE DECKS, RUNCORN, HALTON, WA7 1GJ | £58,000 | 19/08/2022 | Flat |
| LOCK 4 APARTMENT 20 THE DECKS, RUNCORN, HALTON, WA7 1GH | £80,000 | 19/05/2022 | Flat |
| 9 PENKETH COURT, RUNCORN, HALTON, WA7 1BB | £110,000 | 09/05/2022 | Flat |
| LOCK 4 APARTMENT 18 THE DECKS, RUNCORN, HALTON, WA7 1GH | £51,000 | 02/03/2022 | Flat |
| 43 BOLD STREET, RUNCORN, HALTON, WA7 1RL | £97,800 | 26/11/2021 | Flat |

**Street average:** £58,000 (1 sale)
**Area average:** £72,977 (9 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £86,185 (31 Flat, WA7, 2024–2026)
- **Deviation:** -24.6%

## Rental Range

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

- **Low:** £671/mo
- **Realistic:** £745/mo
- **Optimistic:** £820/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £573/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 Flat, Lock, WA7 | £825/mo | 2 | 0.07 miles | OpenRent |
| 2 Bed Terraced House, Parker Street, WA7 | £795/mo | 2 | 0.12 miles | OpenRent |
| 2 Bed Flat, Irwell Lane, WA7 | £700/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Flat, Irwell Lane, WA7 | £745/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Flat, Irwell Lane, WA7 | £725/mo | 2 | 0.17 miles | OpenRent |

**Average rent: £758/mo (5 listings)**

## 1% Rule

- **Rent ratio:** 1.15% (strong)
- **Max investor price (0.8%):** £93,125
- **Target investor price (1%):** £74,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £745/mo).*

- **Gross yield:** 13.8%
- **Cost-to-rent:** 7.3×
- **Monthly cashflow:** £390/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 24.8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. 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).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -15.5%
- **10y growth:** 0.7%

## House Price Index (HM Land Registry)

*Official index for Halton; Flats and maisonettes series; as of June 2026.*

- **1y growth (index):** 0.5%
- **5y growth (index):** 14.9%
- **10y growth (index):** 39.7%

## 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)