- Current Yield 6.86% +
- Potential Yield 9.77% +
- Street Parking +
- Private Garden (Back Only) +
- Buy-to-Let Opportunity +
- Long Term Tenants Currently Situated +
- Likely to Attract Inquiries from Serious Investors & Developers +
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +
This 2 bedroom terraced house in Saltburn-by-the-Sea offers a prime investment opportunity. It boasts valuable amenities in close proximity, promising rewarding rental returns and a current tenant.
The well-maintained property features two bedrooms, three-piece bathroom, spacious lounge, kitchen and rear garden space.
Investment Details:
The property currently generates an annual gross income of £4,800 which has the potential to be increased to a market rate of £6,840 with the current tenants in place. Considering the purchase price, this investment presents a substantial opportunity for investors seeking to expand their portfolio.
For further details on the property's investment potential, please refer to the attached Let Property Pack. Should you express interest in this property, please contact us.
Tenancy Details:
The current tenants have consistently paid their rent throughout their tenancy and have no intention of relocating. They are committed to remaining in the property.
Let Property Sales is dedicated to facilitating a seamless transaction process and ensuring mutual commitment from both parties. To secure a property, a fully refundable buyer's premium may be applied. This premium is not an additional cost and is refunded in the event of non-completion.