- Six bed Terraced Property +
- Prime Letting Location +
- Fantastic 8.18% Yield based on 26/27 rent +
- 10+ Year Tenancy History +
- Let for 25/26 at £35,277.66 p/a excluding bills +
- Let for 26/27 at £36,198.54 p/a excluding bills +
- Two Shower Rooms +
8.18% Yield in this prime location. This ready made investment is not to be missed!
Let until 30th June 2027 at circa £36,198.54 p/a excluding bills, a well run and substantial Six bedroomed investment property, located in this prime position, a short walk to local shops, the lovely open spaces of Hyde Park and the universities and city centre beyond.
Description
The spacious and well maintained accommodation over four floors comprises: On the ground floor there is a spacious lounge and large kitchen. The lower ground floor has two double bedrooms and a shower room with w/c. On the first floor there are three double bedrooms and a bathroom with w/c. The second floor has one large double bedroom and a w/c. Externally, there is a garden to the front, a yard to the rear and ample on street parking.
The property is currently let from 7th July, 2025 until 30th June 2026 at £35,277.66 p/a excluding bills. The property is also let from 7th July 2026 until 30th June 2027 at £36,198.54 p/a excluding bills.
The sale is subject to a lettings management tie in, meaning that buyers will need to continue this relationship with MHS Lettings & Sales for the duration of any active or already signed future tenancy agreements.
The seller has stated that he has lettings history for more than 10 years.
Tenure:
Freehold
Possession:
The property is being sold subject to the existing tenancy agreements.
AML:
Under UK Law, Estate agents are required to carry out Anti Money Laundering (AML) checks in line with regulations and guidance set out by HMRC. These checks include identifying the source of funds used to purchase a property and conducting identity checks on their customers. For any intending purchaser, we will require evidence of funding to support any offer and we will carry out an electronic identity check. We may also need to request photographic identification and/or proof of address.
Lettings Management:
The sale is subject to a lettings management tie in, meaning that buyers will need to continue this relationship with MHS Lettings & Sales for the duration of any active or already signed future tenancy agreements.