An affordable first time buy or a budget Buy To Let +
In need of a cosmetic updating +
Two reception rooms +
Galley kitchen +
Shower room on the ground floor +
Two double bedrooms +
Small rear yard +
On street parking +
Only a 5 minute walk to the town centre shops +
The local primary school is rated “Good” by Ofsted and is at the top of the street +
An Affordable First Time Buy Project Or A BTL Where You Can Add Value With A Refurb? This two bedroom terrace is close to the town centre shops and has been well cared for - it just needs freshening up and would benefit from a new kitchen and bathroom.
This affordable starter home or budget BTL has got a traditional terrace layout. That means there’s two decent size reception rooms and both the kitchen and bathroom (which is actually a shower room) on the ground floor.
Upstairs has two decent sized double bedrooms (that’s the major benefit you get from having the bathroom downstairs).
It does need work but it’s all cosmetic. It will benefit from decoration and new flooring throughout, with the shower room and galley kitchen both needing an update.
The property is in a handy location - only a 10 minute walk to the town centre and less than 5 minutes from the station.
There’s plenty of on street parking in front of the property and a small rear yard.
Families with younger kids don’t have far to get to St Michaels Nursery & Infant School (which is rated “Good” by Ofsted) as it’s literally at the top of the street.
As a BTL you should realistically expect to achieve £550pcm rent which based on the asking price of £60,000 would deliver almost 9% Gross Yield if you capped your refurb budget at around £15k.
If you’re looking for a tidy little rental which should be easy to fill with good working tenants you should check out this affordable investment.
It would also be great as an affordable first step onto the housing ladder where you can move in and then tackle the home improvements on a room by room basis.
At this price it’s a bit of a bargain so don’t delay - it’s likely to get snapped up quick! Call or to arrange a viewing.
Agent Details
Mark Buchanan Property Group, Powered by eXp UK, Workington
01900 510697
Next Steps?
This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪
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