Two-bedroom mid-terraced property with a well-established tenant in situ, generating £6,399.96 per annum (£533.33 PCM), with an enclosed rear yard and outbuilding.
Description
An excellent opportunity for buy-to-let investors to acquire this two-bedroom mid-terraced property, sold with a well-established tenant in situ and currently generating rental income of £533.33 per calendar month (£6,399.96 per annum).
The property offers well-proportioned accommodation across two floors and comprises a spacious living room featuring a fireplace, a fitted kitchen with a range of wall and base units, integrated oven and hob, and a ground floor bathroom fitted with a three-piece suite and shower over the bath.
To the first floor are two bedrooms, including a particularly spacious main bedroom.
Externally, the property benefits from an enclosed, low-maintenance rear yard with a useful brick-built outbuilding providing additional storage.
The property also benefits from double glazing and central heating and presents an attractive investment opportunity with an established rental income from day one, subject to the existing tenancy arrangements.
With an established tenant already in occupation and generating £6,399.96 per annum, this property represents an appealing addition to any buy-to-let portfolio.
Accommodation
Ground Floor: Living Room, Kitchen, Bathroom
First Floor: Two Bedrooms
External: Enclosed Rear Yard and Brick-Built Outbuilding
Tenure: Freehold
EPC Rating: D
Tenancy: Sold Subject to Existing Tenancy
Rental Income: £533.33 PCM / £6,399.96 Per Annum
Auction Information
The property is offered for sale by auction, subject to the existing tenancy. Interested parties are advised to review the legal pack and tenancy documentation prior to bidding.
Photos taken prior to current tenancy.
Tenure: Freehold
EPC Rating: C
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
£3,600 inc vat payable upon the fall of the virtual gavel
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- 2 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 0114 223 0777 for more information
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