- Being Sold via Secure Sale Online Bidding. Terms & Conditions apply. +
- Three Bedroom Mid Terrace +
- Let on an Assured Shorthold Tenancy at £595 pcm +
- Approx. £7,140 per annum income +
A well-presented three-bedroom mid-terrace investment property offered for sale by auction, providing an attractive, ready-made opportunity for buy-to-let investors.
The house is currently let subject to an Assured Shorthold Tenancy at a rent of £595 per calendar month, producing an annual income of £7,140. Based on the starting bid price of £52,000, this reflects an excellent gross yield of approximately 13.7%.
Located within an established residential area with consistent rental demand, the property represents a solid income-producing investment from completion.
The accommodation briefly comprises a living room, kitchen fitted with modern units, rear entrance lobby and a bathroom with a three-piece suite. To the first floor are three bedrooms. The property also benefits from gardens to both the front and rear.
GROUND FLOOR
Living Room
7.7m x 3.66m
With stairs to the first floor accommodation. Laminate flooring. Radiator and 2 uPVC double glazed window units.
Kitchen
3.48m x 2.16m
Partially tiled and fitted with a good selection of modern wall and base units incorporating sink unit with drainer, having integrated electric oven and a gas hob. Plumbing for washing machine. Radiator and uPVC double glazed window unit.
Rear Entrance Lobby
With uPVC double glazed entrance door.
Bathroom
Partially tiled and fitted with a 3 piece suite comprising panelled bath, pedestal basin and low flush w.c. Gas fired central heating boiler. Radiator and uPVC double glazed window unit.
FIRST FLOOR
Landing
Bedroom 1
3.71m x 3.4m
With radiator and uPVC double glazed window unit.
Bedroom 2
3.47m x 2.89m
With radiator and uPVC double glazed window unit.
Bedroom 3
4.62m x 2.14m
With radiator and uPVC double glazed window unit.
OUTSIDE
Gardens
The property has gardens to the front and rear.
Tenancy
The property is currently let on an Assured Shorthold Tenancy agreement at a passing rent of £595 per calendar month with the Tenant wishing to remain in occupation. The property is currently managed through Jackson Green & Preston Estate Agents.
Council Tax Band: A
Tenure: Freehold