SSTC, 2 Bed House - Terraced 

Whitehall Street, Nelson

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Features

  • Auction date: 22nd & 23rd May
  • Mid-terrace property
  • Ready Made Investment
  • Long Term Tenant In Situ
  • Excellent transport links
  • Close to town centre
  • Potential to increase rent
  • Long Leasehold

Quick Details

2 Bedrooms1 Reception1 Bathroom

Address

66 Whitehall StreetNelsonLancashireBB9 9JD
Details
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Property Details

•For Sale By Online Auction - 22nd & 23rd May
•Guide Price: £36,000
•Mid Terrace House
•Tenanted: £4,152 per annum, 11.53% Gross Yield
•Long Leasehold

A tenanted stone built mid terrace property is located just a short walk from the town centre of Nelson and comprises two bedrooms and bathroom to the upper floor and lounge with kitchen diner to the ground floor.

Investment Analysis

The property is currently let to a long term tenant that has been in situ for over 8 years, The current rent payable is £346 pcm (£4,152 pa) This represents a gross yield of 11.53%. The tenant has indicated they wish to remain in the property.

Accommodation

Total – 753 ft2 (taken from EPC)

Services

We understand the property to have mains gas, electricity, water and drainage.

Tenure

Long leasehold

Council Tax

The property is rated in Council Tax Band A. Council Tax payable (2019/2020) is approximately £1,310.

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