- Terrace House
- Three Bedrooms
- Driveway & Gardens
- Investment Purchase Only
- Property Being Sold With Current Tenant
- Rental Income £860 pcm
- No Chain
- EPC Rating (C 74)
FANTASTIC INVESTMENT OPPORTUNITY SOLD WITH SITTING TENANT GROSS RENTAL YIELD OF 7.12% RENTAL INCOME £860 PCM
Greenbank are delighted to offer to the sales market this fantastic investment opportunity, ideal for landlords looking to expand their existing property portfolio or investors seeking an established rental income.
The property is being sold with a sitting tenant, who has occupied the property since 2022 and has expressed a desire to remain, offering investors the opportunity to benefit from rental income from completion.
The property currently generates £860 per calendar month (£10,320 per annum), representing an attractive gross rental yield of approximately 7.12%, based on the asking price of £145,000.
The accommodation briefly comprises: entrance hallway, spacious lounge, kitchen/diner, three generously sized bedrooms and a family bathroom.
Externally, the property benefits from a driveway to the front providing off-road parking, whilst to the rear is a generous garden.
Further benefits include UPVC double glazing and gas central heating.
ESTABLISHED TENANCY INVESTMENT READY
The property is currently managed by Greenbank Rental Services, with all relevant tenancy documentation in place, including a Gas Safety Certificate, Electrical Installation Condition Report (EICR), tenancy agreement and tenancy deposit documentation.
With a long-term tenant already in occupation, an established rental income and an attractive gross rental yield, this property presents an excellent opportunity for investors looking for a straightforward addition to their rental portfolio.
EARLY ENQUIRIES ARE HIGHLY RECOMMENDED.
Please note: The property is being sold subject to the existing tenancy and is not available with vacant possession.
Tenure: Freehold
Council Tax Band: A
Entrance Hall
Entered via high security composite door. Carpet flooring. Radiator. Stairs to first floor. Ceiling light point.
Lounge
Upvc double glazed window. Radiator. Laminate flooring. Television point. Ceiling light point. Decorative spotlights.
Kitchen and Diner
Upvc double glazed windows. Composite door to rear garden. Fitted base and wall units. Cooker point. Stainless steel sink with single bowl and drainer. Plumbing for automatic washing machine. Part tiled walls. Laminate flooring. Radiator. Ceiling spotlights.
Landing
Access to loft space. Ceiling light point.
Bedroom One
Upvc double glazed window. Built in wardrobe. Carpet flooring. Radiator. Ceiling light point.
Bedroom Two
Upvc double glazed window. Built in wardrobe. Carpet flooring. Radiator. Ceiling light point.
Bedroom Three
Upvc double glazed window. Carpet flooring. Radiator. Ceiling light point.
Bathroom
Upvc double glazed windows. White suite comprising: Panelled bath with overhead shower, pedestal washbasin and low level WC. Radiator. Part tiled walls. Tiled flooring. Ceiling light point.
Outside
FRONT: Flagged Driveway. Entry to rear garden.
REAR: Timber fenced boundaries. Flagged patio area. Lawned area. Brick shed.
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.
| Utility |
Supply Type |
| Electric |
Mains Supply |
| Gas |
Mains Supply |
| Water |
Mains Supply |
| Sewerage |
Mains Supply |
| Broadband |
None |
| Telephone |
None |
| Other Items |
Description |
| Heating |
Gas Central Heating |
| Garden/Outside Space |
Yes |
| Parking |
Yes |
| Garage |
No |
| Broadband Coverage |
Highest Available Download Speed |
Highest Available Upload Speed |
| Standard |
Unknown |
Unknown |
| Superfast |
Unknown |
Unknown |
| Ultrafast |
Unknown |
Unknown |
| Mobile Coverage |
Quality |
| EE |
Unknown |
| Three |
Unknown |
| O2 |
Unknown |
| Vodafone |
Unknown |
Broadband and Mobile coverage information supplied by Ofcom.