Auction Property 2 Bed House 

The property is located within a small terrace row off Alexandra Road on Churchill Grove and is well placed for all amenities on Newland Avenue to the west and Beverley Road to the east.

This mid terrace house offers well presented accommodation arranged over two floors and benefits from a modern kitchen and bathroom.

To the ground floor the accommodation comprises a lounge with bay window, a modern dining kitchen fitted with a range of base and eye level units and houses the gas central heating boiler.

The bathroom is located on the ground floor and comprises a three-piece suite in white and has been fully tiled.

Stairs from the kitchen provide access to the first floor where there are two spacious double bedrooms.

Accommodation

Total approx – 55.93 Sq. M (601 Sq. Ft)

Services

We understand the property to have mains gas, electricity, water and drainage, however we would advise any interested parties to make their own enquiries.

Tenure

Freehold

Investment Analysis

The property is let and is sold as a ready-made investment opportunity. The tenants have been in situ for several years.

The property is let for £395 pcm (£4,740 pa), which represents a gross annual yield of 8.62% based on the guide price.

We believe the property to be slightly under rented and a higher rent may be achievable.

Council Tax

The property is rated in Council Tax Band A. Council Tax payable (2019/20) is approximately £1,075.52 pa.

Buyers Premium

2% (min. £3,600) inc. VAT

Viewings

For viewing appointments, please contact John Pye Property on 0115 970 6060 or property@johnpye.co.uk.