A fantastic buy-to-let investment opportunity with a tenant already in situ and currently producing £850 per calendar month (£10,200 per annum).
At the asking price of £150,000, this represents a gross rental yield of approximately 6.8%, before any applicable letting, management, maintenance or other property ownership costs.
The property is currently tenanted, offering an investor the opportunity to purchase an income-producing property with an existing rental stream.
The property comprises two bedrooms, two reception rooms, a modern kitchen and one bathroom, with the bathroom conveniently accessed from the second bedroom.
The ground floor offers two separate reception rooms, providing flexible living and dining space, together with a modern fitted kitchen. A useful lean-to is located off the kitchen.
Further benefits include on-road parking.
Letting & Management
The advertised rental income of £850 pcm is before any letting or management deductions. For investors who require assistance fully managed services are available, subject to the applicable fees and terms.
Please note: The photographs were taken prior to the property being rented and therefore may not be representative of the propertys current presentation, furnishings or condition.
An excellent opportunity for investors looking for an established rental income with the flexibility of either self-management or professional letting and management. Early viewing is highly recommended.
Disclaimer:
These particulars are provided for guidance only and are intended to give a fair overview of the property. While every effort has been made to ensure accuracy, details, descriptions, and images may be subject to change and slight variations. Some photographs, descriptions, or marketing materials may have been enhanced, edited, or generated using AI technology for illustrative purposes. Measurements are approximate if provided and should not be relied upon for furnishing or planning purposes. Decorative items shown (e.g. flowers and accessories) are for staging only. Unless expressly stated, the property is offered unfurnished.
MD Properties are members of the Property Redress Scheme and hold Client Money Protection through Propertymark, ensuring compliance with current UK lettings & Estate Agency regulations.
Tenure : Freehold
Council Tax Band : A