Property features

• Ready Made Investment
• Guaranteed Income £470pcm
• 5 Year Tenancy from Jan 2022
• 7.5% Yield
• 3 Bedroom House
• 2 Reception Rooms
• Recent Refresh
• Investment Opportunity

Summary

BUY-TO-LET INVESTMENT OPPORTUNITY. This property is being sold with the tenant to remain in occupation on a 5 year, guaranteed rent lease. Current rent is £470pcm (£5,640pa), giving a 7.5% yield, and is guaranteed for 5 years from January 2022 making it a low risk investment for a landlord.

Details

This 3 bedroom terrace house is being sold as a ready made investment, having a tenancy in place for 5 years from January 2022 with a guaranteed income of £470pcm (£5,640pa) which produces a yield of 7.5% at the current asking price.

The property has recently had a refresh with new carpets and decoration and briefly comprises, living room, dining room, kitchen, rear lobby and bathroom on the ground floor. On the first floor are the three bedrooms. The property has gas central heating, is uPVC double glazed and has a garden to the front and rear.

A good addition to a landlord portfolio.
ONE OF SIX Properties currently available within a portfolio. Available as a whole or individually!

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
North East Lincolnshire Council, Band A

Living Room - 14'6" (4.42m) Max x 11'5" (3.48m)
Entry via a uPVC double glazed door, with uPVC double glazed window to the front elevation, a radiator and stairs to the first floor.

Dining Room - 11'4" (3.45m) x 11'2" (3.4m)
With a uPVC double glazed window and a radiator.

Kitchen - 11'7" (3.53m) x 6'4" (1.93m)
A kitchen fitted with a range of white gloss wall and base units with contrasting black granite effect worktops, fitted with a stainless steel sink, cooker hood and recess for cooker, along with plumbing for a washing machine. Central heating boiler and a uPVC double glazed window.

Rear Lobby
uPVC door to the garden.

Ground Floor Bathroom
White suite comprising bath, hand basin and low flush w.c. Partially tiled walls, uPVC window, towel rail.

Bedroom 1 - 11'5" (3.48m) x 11'4" (3.45m)
Having a uPVC double glazed window and a radiator.

Bedroom 2 - 11'6" (3.51m) x 8'2" (2.49m)
Having a uPVC double glazed window and a radiator.

Bedroom 3 - 11'2" (3.4m) x 6'4" (1.93m)
Having a uPVC double glazed window, fitted wardrobe and a radiator.

Gardens
The property has gardens to the front and rear, the rear being mainly laid to lawn.

Council Tax Band
This property has a Council Tax Band of A.
Please check with the local council for current fees.

Photos
Please note that the photos were taken in May 2023 following a re-fresh, prior to the new occupier moving in.

Floor Plans

EPC