This is an investment opportunity to purchase a terraced house in Stockport generating £7,500 rent pa and a gross yield of 5%.
Property information:
* Spread over 3 floors
* Open plan lounge/dining area leading out into the garden
* Complete redecoration in 2016 including new carpets, kitchen surfaces, and oven
* Plumbing and electrics were also checked
* EPC rating D
Note:
The rent is below the market average that we can see in the area and would expect a rental figure of £750pm.
Summary:
3 bedrooms; 1 bathrooms; 2 reception
Price: £150,000 Freehold
Rent: £625 pcm; £7,500 pa
Gross yield: 5%
Tenancy type: AST
Tenancy start date: 28/02/2017
Tenancy end date: Periodic
ves-SK1-001
The documents relating to the property are the latest available at the date of listing. Certain documents may expire or become inaccurate over time.
Please note that prospective buyers will be required to pay a fee of £900 per unit to Vesta upon acceptance of an offer on this property. The seller of the property will also pay a fee to Vesta.
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