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3 bedroom terraced house for sale
Key information
Property description & features
- Excellent Investment Opportunity
- Three Bedroom Terraced Home
- POTENTIAL TO INCREASE RENT TO £475 - POTENTIAL 10% GROSS YEILD
- SOLD WITH SITTING TENANT - CASHFLOW FROM DAY ONE!
- £350 PCM Rental Income - 7% Gross Yield
- Lettings/Management Services Available
Let's cut to the chase - this property comes with a big cherry on top - a sitting tenant! That's right folks, cashflow from day one, no need to stress about finding a renter. With £350 per month in rental income, you're looking at a juicy 7% gross yield. But wait, it gets even better - there's potential to crank up the rent to £475, giving you a potential 10% gross yield! Cha-ching!
This three-bedroom terraced beauty has all the right ingredients for a smart investment move. With a solid base of rental income and the potential for even more, you're looking at a solid addition to your portfolio or a perfect starter investment for those dipping their toes into the property game.
And don't worry about the hassles of managing the property - lettings and management services are available to make your life easier. Sit back, relax, and watch the pounds roll in while someone else takes care of the day-to-day.
Location? Check. Investment potential? Check. Easy peasy rental income? Check. This property ticks all the boxes for those looking to make their money work harder for them. So, whether you're a seasoned property investor looking to expand your empire or a first-timer wanting to dip a toe in the landlord waters, this house screams opportunity!
Just imagine the satisfaction of knowing you have a property that practically pays for itself. So, what are you waiting for? With a sitting tenant in place, a healthy rental income, and services available to make your life easier, this property won't hang around for long.
Don't let this opportunity pass you by. Snatch up this investment dream and watch your bank account thank you later. Call now to arrange a viewing and secure your future cashflow from day one!
EPC Rating: D
Ground Floor -
Hallway - Entrance hallway, Upvc Door, carpet flooring, access to stairs.
Lounge - 3.74m x 3.61m (12'3" x 11'10") - Upvc window to front, carpet flooring, radiator.
Kitchen - 4.19m x 4.61m (13'8" x 15'1") - Large Kitchen/Diner, Upvc window to rear, vinyl flooring, fitted wall and base units, sink/drainer, under stairs storage cupboard.
Rear Lobby -
First Floor -
Bathroom/Wc - 2.20m x 1.95m (7'2" x 6'4") - Window to side, bath with shower over, basin, WC, vinyl flooring, radiator.
Bedroom One - 3.74m x 3.59m (12'3" x 11'9") - Window to front, carpet, radiator.
Bedroom Two - 3.22m x 2.85m (10'6" x 9'4") - Window to rear, carpet, radiator.
Bedroom Three - 4.19m x 1.67m (13'8" x 5'5") - Window to rear, carpet, radiator.
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Property reference 33253993. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Venture Properties - Crook.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 25, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 15, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on October 25, 2020 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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