This property is no longer on the market
2 bedroom terraced house
Key information
Property description & features
- Tenure: Freehold
- *INVESTOR OPPORTUNITY*
- *NO CHAIN*
- NEEDS REFURBISHMENT
- All Certification (Gas, Electric, Legionella) in Place
- Two Double Bedrooms
- Lounge
- Downstairs Family Bathroom
- MARKET RENT: £700pcm
- YIELD: +8%
INVESTOR OPPORTUNITY* Former Tenanted Property - Needs Refurbishing - All Certifications (Gas, Electric, Legionella) in Place - Two Double Bedrooms, One Reception, Kitchen, Bathroom - On Street Parking - NO CHAIN - REFURBISHMENT OPPORTUNITY : Market Rent £700 pcm / Yield +8%
A very affordable, much below market value (due to quick sale needed) property requiring cosmetic refurbishment (to the best of our knowledge, nothing structural). Previously let for 7 years, the property, once redecorated and carpeted, will let for £700pcm (normal market rent). It has the EICR and CP12 - Agent will provide a Legionella Risk Assessment for free. Searching on property portals you will see these properties, in reasonable condition, sell for £110k - £130k. Opportunity therefore to generate additional equity.
Additional Information:
The photos are stock photos - They are not entirely reflective of the current condition as wear and tear has occurred over time.
The property has recently ended a tenancy and is launched to market as a refurbishment opportunity. It is in reasonable condition - requiring new carpets, new painting throughout, new kitchen units, bathroom redecorating, new oven and other straight forward repairs.
Council Tax: Band A
Lettings property: Gas Safety (CP12), EICR (Electric) and LRA (Legionella) all current
EPC: D
We give notice that these particulars, although believed to be correct, do not constitute any part of an offer of contract, that all statements contained in these particulars as to this property are made without responsibility and are not to be relied upon as statements or representations of fact and that they do not make or give any representation or warranty whatsoever in relation to this property. Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. The agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify that they are in working order or fit for their purpose, neither has the agent checked the legal documents to verify the freehold/leasehold status of the property. The buyer is advised to obtain verification from their solicitor or surveyor.
EPC rating: D. Council tax band: A, Domestic rates: £1306, Tenure: Freehold,Places of interest
See more properties like this:
*DISCLAIMER
Property reference P1594. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Northwood - Herefordshire & Shropshire.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on June 14, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on June 14, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on December 13, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.