A ready made, hands off locally managed investment property let at a rate of £5,220 Per year, to a long-standing tenant on a residential tenancy agreement, with the potential to increase in line with market rents to a fantastic yield of £7800 per year. This three bedroom property has double glazing, gas heating, all compliance documents are in place and the spacious accommodation comprises a lounge, second reception room/dining room, fitted kitchen, three first floor bedrooms and bathroom. Externally the property has a forecourt garden and an enclosed rear garden. The area is highly sought after for tenants and is a short drive to both A1 and M1 motorways, and local amenities and services can be found in walking distance on the nearby high street. The property is offered for sale along side the adjoining property for investors looking for the convenience of multiple units in one location. Accommodation Front facing lounge Dining/second reception room Fitted kitchen First floor landing Bedroom 1 Bedroom 2 Bedroom 3 Bathroom Forecourt garden and enclosed rear garden Tenure: FreeholdEPC Rating: E
Additional Fees
Administration Charge - £2,400 inc vat payable upon the fall of the virtual gavel
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.