- Reservation Fee Applicable +
- T&C's Apply +
- Four flats with an estimated annual rental income of approximately £31,000. +
- Ground floor includes a spacious one-bedroom flat and a modern studio flat. +
- First floor features a stylish studio flat and a two-bedroom flat. +
- Generous outdoor space for tenants to enjoy, +
- Excellent location near the Royal Infirmary and MKM Stadium. +
- Close to local shops, services, and transport links. +
- Strong rental potential with consistent tenant demand. +
- Ideal for investors seeking high-yield returns in a prime location. +
*Guide Price £240,000 - £260,000 plus Reservation Fee*
Exciting Investment Opportunity: Four Fully tenanted Flats
This property offers an outstanding chance for investors to secure a high-yield asset, comprising four refurbished flats with an anticipated annual rental income of approximately £31,000. With its excellent location and attractive features, this investment delivers a strong potential return.
Property Layout:
Ground Floor:
Spacious one-bedroom flat
Contemporary studio flat
First Floor:
Stylish studio flat
Well-proportioned two-bedroom flat
Key Benefits:
Generous Outdoor Space: Features a substantial garden area, including a gravelled section with a right of way accessed via a 10-foot path (refer to the title plan for precise boundaries).
Highly Desirable Location: Close to major landmarks such as the Royal Infirmary and MKM Stadium, ensuring consistent tenant interest.
Convenient Amenities: Situated near an array of local shops, services, and excellent transport links, enhancing its appeal to renters.
This property is perfect for investors aiming for a rental portfolio with strong returns in a vibrant and accessible location. Enquire now to learn more or book a viewing appointment.
Fees, Exclusivity, and Disclaimer:
Fees:
Reservation Fee: Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 1.5% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price. This reservation fee ensures that the property is taken off the market as soon as a sale is agreed, eliminating gazumping, time wasting, and financial loss.
The Reservation Fee can be refunded under certain circumstances;
i.e the seller deciding to pull out, a chain collapsing or structural issues verified by a structural survey. For more information on what would qualify for a refund then please speak to the office
Exclusivity:
Following the payment of the reservation fee, Rezee will facilitate a fixed exclusivity period of 90 days from draft contracts being issued. During this time the property will be reserved, so there will be no risk of gazumping.
Process:
Our process:
1. Register your interest
2. Prepare your finances for the purchase
3. Arrange a viewing
4. Make an offer
5. Secure your sale using our secure system
6. Exchange and complete
Disclaimer:
The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer.
The Buyer is required to verify their ID & show proof of funds.
Rezee offers additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property. Rezee may receive a referral fee for these third-party services.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Stamp Duty, It's important for buyers to understand that not all property purchases incur Stamp Duty Land Tax (SDLT). Certain exemptions and thresholds exist, which may mean that some buyers won't have to pay SDLT at all. However, the specifics can vary based on several factors such as the purchase price, the buyer's circumstances and seller’s circumstances. To determine whether SDLT applies to their purchase and to understand the amount they may be required to pay, buyers are encouraged to seek advice from a solicitor.
Rezee innovative way of selling is a secure and straightforward way to buy property.
Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.
