A great opportunity to purchase a two/three bedroomed mid terraced property situated in the popular location of The Mounts. The property is currently let on a periodic assured shorthold tenancy and the current tenants are using the second reception room as a further bedroom. The accommodation needs updating, comprising entrance hall, lounge, dining room/bedroom three and kitchen with two bedrooms and a bathroom to the first floor, with a garden to the rear. The potential rent is £675 - £750 per calendar month, generating a potential yield of 5.25%. There is a new Aldi and Lidl due to complete construction within the next month which will offer grocery shopping on the doorstep and the New University campus is within walking distance.
Ground Floor: Entrance Hall, Lounge, Dining Room/Bedroom three, Kitchen.
First Floor: Bedroom one, Bedroom two, Bathroom
A private rear garden, Permit Parking
The purchaser will be required to pay an administration charge of £900 (£750 plus VAT).
Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
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Call the team on 01604 259 773 for more information