FREEHOLD INVESTMENT! Two well-maintained, two-bedroom apartments, both let to established tenants with no rent arrears, generating £7,800 per annum. An excellent ready-made buy-to-let investment!
Description
An excellent opportunity for investors and landlords to acquire a substantial freehold property comprising two self-contained, two-bedroom apartments, both currently let to well-established tenants and generating an immediate rental income.
Both apartments have been well looked after by their respective tenants, with rental payments fully up to date and no outstanding rent arrears, offering prospective purchasers the reassurance of established tenancies and an existing income stream from completion.
Each apartment provides accommodation comprising a living room, fitted kitchen, two bedrooms and bathroom facilities. The properties benefit from gas central heating, double glazing and well-proportioned accommodation throughout.
Externally, the property benefits from an enclosed, low-maintenance paved rear garden.
Both apartments are currently let at £325 per calendar month each, producing a combined rental income of £650 per calendar month (£7,800 per annum).
The property offers an attractive investment opportunity, with two established tenancies, a history of rental payments being maintained and potential for future rental growth, subject to market conditions and tenancy arrangements.
Conveniently situated in Parkgate, the property is within easy reach of local amenities, Parkgate Shopping Park, Rotherham town centre and excellent transport connections towards Sheffield and the surrounding areas.
An ideal turnkey investment for landlords seeking an established, income-producing freehold property with reliable, long-standing tenants already in occupation.
Tenure: Freehold
EPC Rating: D
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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- 4 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 0114 223 0777 for more information
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