S&S Estates Property Group are pleased to present to you this wonderful two-bedroom terrace, double glazed and centrally located property.
Ideally situated close to all local amenities, Bayswater Place LS8 5LS with hilly views and minutes from stores and restaurants.
The property briefly comprises:
Living Room / Diner
Two good sized bedrooms
Double glazed throughout
Lovely bright house
X2 Fire doors
Painting and flooring throughout
Escape first floor window
X1 Window restrictors
Gas & Electric Certification
Estimated total - £4800
Close to transport links and shops, this area is in demand and rental interest is sure to be high, securing a good yield in return of your investment.
The property has overall been well maintained and is in great condition, requiring very minimal works.
Return on Investment:
This property is currently being marketed at £74,950, however we have negotiated a reduced price of £70,000.
Previous sales on this road:
55 Bayswater Place sold September 2016 £68,000
67 Bayswater Place sold October 2018 £75,000
71 Bayswater Place Sold April 2018 £77,500
The annual rental income by our housing association £570pcm = £6840pa
The annual rental income achievable £530pcm = £6,360pa (LHA Rate)
At £70,000 + £4800 refurbishment, at the lower LHA income of £6,360 [/12 months = £530pcm] this will return 8.5% on your investment.
At £70,000 + £4800 refurbishment, at the higher Housing Association rental income of £6,840 [/12 = £570pcm], this will return slightly over 9% on your investment.
This property is being sold as vacant.
Tenure – Buyers solicitors to verify
Sourcing fees apply
To discuss this investment in further detail, please email firstname.lastname@example.org
Please note, all of the above information, pictures & figures are for informative & guidance purposes only. The above calculations have not included the possibilities for any vacant periods, additional works that may be required during the tenancy, and are based purely on the current market prices and rentals.
S&S Estates Property Group take no liability under any circumstances. As with all investments, your capital is always at risk and suitable advice and guidance should be sought from a competent financial adviser prior commencing with any investment opportunity.
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