Tenanted Investment Producing £700 PCM (£8,400 Per Annum).
Description
An excellent opportunity to acquire a two-bedroom mid-terrace house, offered for sale as a buy-to-let investment and currently let at £700 per calendar month, providing an immediate income of £8,400 per annum.
The property provides well-proportioned accommodation extending to approximately 796 sq ft, arranged over two floors. The ground floor comprises a spacious open-plan lounge/diner, fitted kitchen, and useful storage area. To the first floor are two bedrooms and a bathroom.
Externally, the property benefits from a rear yard, providing outdoor space. The house is of traditional construction and situated within an established residential area, popular with tenants and supported by local amenities, schools, and transport links.
The property is currently tenanted, making this an ideal addition to an investor’s portfolio with income from day one.
Key Features
For sale by Traditional (Unconditional) Auction
Two-bedroom mid-terrace house
Currently let at £700 PCM (£8,400 per annum)
Approx. 796 sq ft of accommodation
Open-plan lounge/diner
Fitted kitchen & storage area
Rear yard
Immediate rental income
Auctioneer’s Note:
The successful bidder will be required to exchange contracts immediately upon the fall of the hammer and complete within 28 days (unless varied by the legal pack). A legal pack is available to download prior to bidding.
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
Non-refundable £3,600 inc VAT payable on 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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