Floorplan
Map2 bedroom terraced house for sale
Key information
Features and description
- Two-bedroom traditional mid-terrace home
- Two reception rooms
- U PVC double glazing and gas central heating
- No onward chain
- Strong investment potential
- Estimated rental income £500 PCM / £6,000 per year
- Approximate gross rental yield: 12.6%
- Ideal for investors or first-time buyers
This is a fine example of a traditional mid-terraced house offering two reception rooms and two double bedrooms, brought to the market with the significant advantage of no onward chain. An ideal purchase for investors or first-time buyers, early viewing is strongly recommended on this realistically priced home.
The property offers strong investment potential, with an estimated rental value of £500 per calendar month, generating an annual income of £6,000 and delivering an excellent gross rental yield of approximately 12.6%.
The home has been improved over the years and benefits from uPVC double glazing and gas central heating throughout. Internally, the accommodation briefly comprises two reception rooms, a modern fitted kitchen, and an adjoining bathroom featuring a corner bath. To the first floor are two well-proportioned double bedrooms, both of which benefit from fitted wardrobes.
Externally, the property enjoys a small, self-contained rear yard, offering low-maintenance outdoor space.
Conveniently situated close to local facilities, the property is well placed for a range of shops, schooling at all levels, health services, and leisure amenities, making it an attractive option for both owner-occupiers and tenants alike.
Overall, this property represents a strong buy-to-let opportunity, combining immediate rental potential, excellent local amenities, and the benefit of no upward chain.
Council Tax Band: A
Tenure: Freehold
Rooms
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
About this agent
Similar properties
Discover similar properties nearby in a single step.
