Financial Information:
Purchase Guide Price:£115,000 - £120,000
Rent: £750 per month
Yield: 7.50%
Property Features:
Front driveway for off-road parking.
In need of modernization.
Spacious lounge with large windows for natural light.
Dining room for gatherings.
Kitchen with potential for modernization or expansion.
Two double bedrooms and one single bedroom.
Bathroom with the opportunity for modern fixtures.
Spacious low-maintenance rear garden.
Recently installed windows (3 years old).
Recently installed boiler (3 years old).
Investment Perspective:
The property now includes the benefit of new windows and a boiler, potentially reducing immediate renovation costs.
Investors might find the property more appealing with these recent upgrades.
Considerations:
While the property still needs modernization, the recent upgrades may contribute to improved energy efficiency and overall value.
Buyers and investors should still conduct a thorough inspection to assess the overall condition of the property.
Including information about the newer windows and boiler helps provide a more comprehensive overview of the property's condition and can be a significant selling point for potential buyers or investors.
Council tax band: A