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Property investment in Garfield Street, Pallion

4 bed tenanted property

PROPERTY INVESTMENT INFORMATION
Purchase Price £75,000
Stamp Duty @ 3% £2,250
Refurbishment and fees £1,500
Total £78,750
RENTAL & RETURNS
Rent Value £7,140 pa / £595 pm
Gross Return 9.07%
Net Return £6,005 pa / 7.62%
YEARLY EXPENSES
Management Fee - 11% plus vat £935.34
Insurance £150
Gas Safety Certificate £50

DESCRIPTION OF INVESTMENT

We are proud to welcome to the market this well presented 4 bedroom, newly refurbished terraced property in Pallion. Briefly comprising of front door leading into the hallway with ground floor bedroom leading off to the left, the lounge / living area which is complete with new laminate flooring is in the centre of the property with staircase leading to 3 further bedrooms. The brand new kitchen has a range of modern grey wall & floor cupboards, integrated oven, hob & extractor with stylish wall tiles. There is also space for fridge & washer. The bathroom is located on the ground floor to the rear of the property which has new white bathroom suite & over bath chrome shower with modern tiled walls. The property is fully redecorated & has new flooring throughout. At the rear of the property has a large yard with new wooden gates. The property is very close to all local amenities including schools, shops & transport links. Currently tenanted at £595pcm

Investment Location Map

CALL TO DISCUSS THIS INVESTMENT OPPORTUNITY
TODAY ON 0191 435 3348 - 07968 240 786

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