Letsand are pleased to offer for sale this three-bedroom mid-terraced property, offered as an investment opportunity with a tenant in situ and rental income already being generated.
The property currently achieves £550 per calendar month, providing an annual rental income of £6,600 and a gross rental yield of approximately 8.26% based on the asking price of £79,950.
The property is well maintained by the current tenant and offers spacious accommodation throughout.
Internally, the ground floor comprises an entrance hallway, lounge, separate sitting room and spacious kitchen/diner. To the first floor are three bedrooms and a family bathroom.
The property benefits from gas central heating and double glazing.
The property is Freehold, falls within a Selective Licensing area and is offered for sale with the tenant in situ, making it particularly suited to landlords and investors looking for an established rental investment.
Key Features
- Investment opportunity
- Tenant in situ
- Three-bedroom mid-terraced property
- Two reception rooms
- Spacious kitchen/diner
- Current rent £550 PCM
- Annual rental income £6,600
- Approx. 8.26% gross yield
- Gas central heating
- Double glazing
- Freehold
- Council Tax Band A
- EPC Rating D
- Selective Licensing area
Viewing: By appointment through Letsand.
All investment figures are provided for guidance. The gross yield is calculated using the current passing rent and asking price and does not account for licensing or other costs associated with property ownership.