Property Description

DRAFT DETAILS ***Freehold residential investment opportunity*** Occupying a popular established residential location is a brick built two double bedroomed mid-terraced property, situated within literally yards of local shops and easy reach of the city centre. The property is currently let on an assured shorthold tenancy agreement producing £600 per calendar month (£7,200 per annum). In our opinion there is scope for significant rental increase to an estimated income of £750 per calendar month (£9,000 per annum). This would represent an impressive 10% return based on the guide price. Internally the property offers neutral decor with uPVC double glazed windows, gas central heating and in brief comprises of front sitting room, inner lobby with staircase to first floor and fitted kitchen. To the first floor landing there are two genuine double bedrooms and a bathroom with three piece suite in white with shower over. Outside there is gated shared pedestrian access with a yard and rear garden.

Front Sitting Room 11ft 3 into chimney recess x 11ft 5

With door to front, uPVC double glazed window to the front elevation, electric fire and central heating radiator.

Inner Lobby

With staircase to first floor.

Separate Dining Room 12ft 2 x 11ft 6 into chimney recess

With uPVC double glazed window to the rear elevation, door to cellar, fitted built-in fridge and freezer set into the chimney recess, central heating radiator and door to the kitchen.

Fitted Kitchen 7ft 2 x 6ft 1

With uPVC double glazed window. The fitted kitchen in white units comprise a range of wall mounted cupboards with base units, drawers, L-shaped preparation surface, stainless steel sink and drainer with mixer tap and splashback tiling. There is an Indesit free-standing stainless steel gas oven, hob with a chimney style fan assisted illuminated cooker hood over and central heating radiator.

First Floor Landing

Leading to -

Bedroom One 13ft into chimney recess x 11ft 1

With uPVC double glazed window to the front elevation and central heating radiator.

Bedroom Two 13ft into chimney recess x 12ft 2

With uPVC double glazed window to the rear elevation, built in wardrobe with louvre doors and wall mounted Ideal combination boiler and central heating radiator.

Bathroom 7ft 1 x 6ft 6

With uPVC double glazed window to the rear elevation. A refitted three piece bathroom suite in white comprises a panelled bath with shower unit over, glazed shower screen, low level wc, pedestal wash hand basin, tiling to the walls and laddered heated towel rail.

Outside

There is shared gated pedestrian access which in turn leads to the rear of the property where there is a blue brick rear yard and garden which is mainly lawned.

Please Note

We are informed by the seller that the neighbouring property has Japanese Knotweed. Please see legal pack for further verification.

Note

The photos illustrate the property before the commencement of the tenancy.

Flood Risk

Rivers and Seas - Very low. Surface Water - Very low

Building Construction

Solid brick, as built, no insulation (assumed) - Information taken from EPC.

Broadband (estimated speeds)

Standard 15 mbps, Superfast 80 mbps and Ultrafast 1000 mbps show as available in this location

Mobile Signal

EE, O2, Vodaphone and Three show as available in this location.

Satellite and Cable TV Availability

Sky, Virgin and BT show as available in this location.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure

Freehold

---