- Three-bedroom mid-terrace house +
- Let at £144.23 per week (£7,500 p.a.) +
- Gross yield of approx. 16.7% at £45,000 +
- Tenant in situ wishing to remain +
- Living room and separate sitting/dining room +
- Fitted kitchen and ground floor bathroom +
- uPVC double glazing and gas central heating +
- Gardens to front and rear +
BEING SOLD VIA SECURE SALE ONLINE BIDDING. Terms & Conditions apply. - STARTING BID - £45,000
A well-proportioned three-bedroom mid-terrace investment property offered for sale by auction, representing an excellent addition to an established lettings portfolio.
The accommodation is arranged over two floors and briefly comprises a living room, separate sitting/dining room, fitted kitchen with a range of units, rear entrance lobby and a bathroom fitted with an attractive white suite. To the first floor are three generously sized bedrooms.
The property benefits from uPVC double glazing, a gas central heating system and gardens to both the front and rear.
The property is currently let at £144.23 per week, producing an annual income of approximately £7,500. Based on the starting bid price of £45,000, this provides a very strong gross yield in the region of 16.7%. The tenant is established and wishes to remain, making this an attractive turnkey investment opportunity.
An excellent income-producing buy-to-let opportunity with immediate return.