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£90,000

Larch Road

  • 0 beds
Terraced house

£90,000

  • 0 beds
Terraced house
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Estimate monthly mortgage payment:

£411 per month

Minimum deposit amount:

£4,500
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Pure Investor brings to the market this beautifully refurbished 2-bedroom mid-terraced property located in the popular area of CH42 0LG. This charming property offers a perfect opportunity for a landlord/investor to purchase a high-achieving yield property below £100,000.

As you step inside, you'll find a carpeted front living room with a bay window to the front, there is also a large dining room to the rear which is also carpeted and leads to the kitchen. The fully fitted kitchen has been recently updated to include all the modern appliances throughout.

Upstairs, you'll find two generously sized bedrooms which have both been decorated and carpeted recently. The contemporary family bathroom is also located on this level, featuring sleek and modern fixtures and fittings that are sure to impress.

The current rental income for this property is £625.00 per calendar month, making it an ideal investment opportunity for anyone looking to enter the buy-to-let market.

The asking price for this charming property is £90,000, making it an affordable option for first-time buyers or investors alike. Located in a prime location, this property is just a stone's throw away from local amenities, public transport links, and green spaces.

INVESTMENT INFORMATION

  • Full address - 29 Larch Road CH42 0LG
  • Purchase price - £90,000.00
  • Current rental income - £625.00 per calendar month
  • Annual rental income - £7,500.00 per annum
  • Tenure – Freehold
  • Yield – 8.3%
  • Property type – 2-bed mid terrace
  • Current tenant situation – The current tenant is on a fixed-term contract.
  • Letting agent name – Portfolio8
  • Letting agent charges – 10% + VAT monthly management

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