TENANTED INVESTMENT OPPORTUNITY – Well-presented property in popular Elsecar, let to a well-established working tenant at £725 PCM (£8,700 PA) with no rent arrears.
Description
Offered for sale by auction is this well-presented residential property situated on Welland Crescent in the popular village of Elsecar. The property is being sold with a well-established working tenant in situ, currently paying £725 per calendar month, providing an immediate income for the successful purchaser. We are advised that there are no rent arrears.
The accommodation is presented in good order throughout and includes a spacious lounge/dining area together with a modern fitted kitchen featuring grey units, contrasting work surfaces and tiled splashbacks.
To the first floor is a generously proportioned bedroom and a fitted family bathroom comprising a three-piece suite with bath and shower over. The property also benefits from double glazing and central heating.
Externally, there is off-road parking to the front, while to the rear is an enclosed garden with an artificial lawn, paved seating area and fenced boundaries, providing a low-maintenance outdoor space.
Elsecar is a popular residential location with access to a range of local amenities, schools and transport links, while Barnsley, Sheffield and the surrounding South Yorkshire areas are readily accessible.
With an established tenant already in occupation and a current rental income of £8,700 per annum, this represents an attractive ready-made buy-to-let investment opportunity for landlords looking to add an income-producing property to their portfolio.
Tenure: Please refer to the legal pack
Current Rent: £725 PCM / £8,700 PA
Tenancy: Well-established working tenant in situ
Rent Arrears: None advised
Council Tax: Please refer to the legal pack
EPC: Please refer to the legal pack
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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- 2 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 0114 223 0777 for more information
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