- Immediate "Exchange Of Contracts" Available +
- Sold Via "Secure Sale" +
- Period semi-detached property converted into two self-contained flats +
- Both flats offer two bedrooms each +
- Fully let, producing £495 per calendar month per flat +
- Combined gross income of £11,880 per annum +
- Attractive gross yield in excess of 13% at guide price +
- Independent gas-fired central heating and double glazing +
- Driveway parking and garden +
BEING SOLD VIA SECURE SALE ONLINE BIDDING. Terms & Conditions apply. - STARTING BID £90,000
An excellent investment opportunity comprising a period semi-detached house on Welholme Road, converted to provide two self-contained two-bedroom flats, both currently let and producing an immediate income stream.
The property retains much of the character associated with its original period construction, including the original timber front door, while having been extensively improved in recent years. Both flats benefit from modern fitted kitchens and bathrooms, independent gas-fired central heating systems and uPVC double glazing.
Externally, the property offers driveway parking and a garden, enhancing its appeal to tenants and supporting long-term rental demand.
Both flats are currently let at £495 per calendar month each, generating a combined gross income of £11,880 per annum. At the guide price, this represents an attractive gross yield in excess of 13%, making the property well suited to investors seeking a ready-made, income-producing asset.
The property is well located within an established residential area, close to local amenities and transport links, further underpinning its ongoing rental appeal.
An excellent opportunity to acquire a fully let, low-entry-price investment with strong yield potential.