ROI = 9% BMV = 23.77%
Description

***GUIDE PRICE £375,000-£400,000***REF: NW0965** INVESTMENT PROPERTY ** We are delighted to offer for sale this superbly positioned and very well maintained 5 double bedroom, 1 Reception semi-detached student house. Currently let as an excellent investment property at £2,500pcm with a let agreed for August 2024 until August 2025 at £2,500pcm giving the investment an approx. gross yield of 7.7%. The property offers a large lounge/diner, 5 large double bedrooms, 2 bathrooms including 2 showers and a bath and an additional separate WC, and has gas fired central heating and double glazing installed throughout.The property has been meticulously maintained by the current owner, to include new pointing to the exterior, resurfaced driveway and double glazing.It is a sought after student property which has always been let quickly and achieves premium rent. The property has a tenancy agreed at £2,500pcm.There is ample off road parking as well as gate access to the large south west facing rear garden.

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Property Details
  • Property ID: 152785217
  • Added On: 2024-09-23
  • Deal Type: For Sale
  • Property Price: £375,000
  • Bedrooms: 5
  • Bathrooms: 1.00
Amenities
  • LICENSED 5 DOUBLE BEDROOM SEMI DETACHED STUDENT LET
  • CURRENTLY LET FOR £2,500PCM
  • EXCELLENT INVESTMENT OPPORTUNITY
  • DOUBLE GLAZING THROUGHOUT
  • NO FORWARD CHAIN
  • FREEHOLD
  • DIRECT BUS ROUTE TO BOURNEMOUTH UNIVERSITY
  • OFF ROAD PARKING