2 bedroom terraced house for sale
Key information
Features and description
- Buy-to-let investment opportunity
- Tenant in situ wishing to remain
- Current rent £500 per calendar month
- Approx. 8.8% gross yield
- Traditional mid-terraced house
- Two bedrooms
- U PVC double glazing and gas central heating
- Ideal addition to an investment portfolio
At the asking price of £67,950, the property offers an attractive gross yield of approximately 8.8%.
The accommodation briefly comprises an entrance porch, through living room, kitchen, rear lobby, two bedrooms and a bathroom fitted with a white three-piece suite. The property also benefits from uPVC double glazing and a gas central heating system.
An ideal addition to any investment portfolio. Viewing is highly recommended.
Rooms
Ground Floor
Entrance Porch
UPVC double glazed entrance door.
Through Living Room 8.36m x 3.72m
With stairs to the first floor accommodation. 2 radiators and 2 UPVC double glazed window units.
Kitchen 4.51m x 2.11m
Partially tiled fitted with a selection of wall and base units incorporating sink unit with drainer mixer tap having electric point for cooker. Radiator and UPVC double glazed window unit.
Rear Entrance Lobby
With UPVC double glazed entrance door. Plumbing for washing machine. Gas fired central heating boiler.
First Floor
Landing
Bedroom 1
3.72 (into chimney recess) x 3.64m - With radiator and UPVC double glazed window unit.
Bedroom 2 3.69m x 2.77m
With coving, radiator and UPVC double glazed window unit.
Bathroom
Partially tiled and fitted with white 3 piece suite comprising bath (bath with shower over), pedestal basin and a low flush w.c. Radiator and UPVC double glazed window unit.
Gardens
The property has gardens to the rear.
Notes
This property is currently let on an Assured Shorthold Tenancy agreement at a passing rent of £500 Per Calendar Month equating to an investment yield of 8.8% at the current asking price. This is , therefore, a ready-made investment opportunity.
Council Tax Band A
This information was obtained on the 27th September 2023 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation.
Additionally, there may be circumstances when the Council Tax can be altered on change of ownership.
All interested parties are advised to make their own enquiries. See
Sources of Useful Information
Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.
Mortgage Advice:
We are pleased to be able to introduce Toni Cressey Mortgage Advisers who we recommend for Independent Mortgage Advice for any of our clients looking to purchase their first home, new home or investment property.
They have a team of advisers that are able to help and advise you on the most suitable mortgages available for you taking into account your own particular needs and circumstances. They will help and guide you through the whole mortgage and home buying process, ensuring best advice is given at all times. Buying a new home is one of the most important financial decisions you will make so it is vital that you get the help and advice you need at the earliest opportunity.
No fee is charged for this independent mortgage advice, which is provided under no obligation. There may however be a fee payable should you proceed with a mortgage application. The actual amount you pay will depend upon your own circumstances and requirements and typically our application fee will (truncated)
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