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** Fantastic Investment Opportunity Tenants in Situ Yield of 5.7% £995 PCM Income **
This well presented two bedroom end of terrace home is available to purchase with tenants in situ, currently generating £995 per calendar month, which equates to a gross annual yield of approximately 5.7% based on the £210,000 asking price. A fantastic opportunity for landlords seeking a hands off, income producing asset.
Property Overview
Conveniently located on Priory Road in Wellingborough, the property is within easy reach of local amenities, parks, schools and transport links, including Wellingborough Train Station ideal for tenants and owner occupiers alike.
The home is set back from the road and benefits from a private driveway leading to a PVC front door. Inside, the entrance porch provides a useful space for coats and shoes.
The spacious living room is bright and inviting, with low maintenance laminate flooring, a large front facing window, modern spotlights, and built in glass shelving in the alcoves.
At the rear of the property, the refitted kitchen offers stylish base and wall units, generous work surfaces with matching splashbacks and integrated appliances including a fridge freezer, dishwasher, oven and hob. There s also space and plumbing for a washing machine and a convenient breakfast bar.
A door from the rear hallway opens onto the generous garden, which is enclosed by timber fencing and enjoys open views over adjacent parkland. The garden also features a lawn, patio area and garden shed.
First Floor Accommodation
Upstairs, there are two spacious double bedrooms. The front bedroom includes fresh carpeting and recessed lighting, while the rear bedroom enjoys views across the garden and fields and features exposed wooden flooring and a built in wardrobe.
The modern bathroom suite includes a vanity unit with wash hand basin, low flush WC and a corner Jacuzzi bath with overhead attachment. Tiled flooring and walls, along with a chrome heated towel rail, complete the look.
Investment Breakdown
Asking Price £210,000
Monthly Rent £995
Annual Rental Income £11,940
Estimated Gross Yield Approximately 5.7%
This property is already let, well maintained, and represents a ready made investment opportunity in a desirable location.
Arrange a Viewing
Take a look at our high definition VIRTUAL TOUR for an immersive preview, then contact our team today to arrange a viewing or to discuss this excellent investment opportunity in more detail today!
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month s rent is required. Rent is to be paid one month in advance. It is the tenant s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
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