House For Sale £115,000
This wonderful four bedroom mid terrace property comprises of entrance hallway leading to a spacious lounge with double glazed window to the front; a large kitchen with breakfast bar and dining room; UPVC back door leading to the rear yard; stairs leading to the first double bedroom with double glazed window to the front; three piece family bathroom with double glazed window; a second double bedroom with double glazed window to the rear; stairs leading to two further bedrooms on the 2nd floor. Also comes with rear yard and brick shed for storage.
Queensferry is an excellent location for commuters, being just a short 15 minute journey to Chester, 20 minutes to Ellesmere Port and 40 minutes to Liverpool city centre. Chester is well known for its impressive shopping areas and the University of Chester makes it extremely attractive to student tenants looking for a great university lifestyle experience.
There has been a major increase in population in Chester and it's predicted to increase further by 11% by the year 2023. With the shortage of accommodation in the city, it makes for an easy return with high occupancy rates. House prices in the area have also seen a significant rise, with a 20% increase in prices over the last 5 years (Zoopla – September 2018) makes for a lucrative investment opportunity!
Financial Breakdown
Gross rent: £9,000
Ground rent: £0
Service charge: £0
Lettings fees: £900
Net income: £8,100
Gross yield: 7.83%
Net yield: 7.04%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-14029
Queensferry is an excellent location for commuters, being just a short 15 minute journey to Chester, 20 minutes to Ellesmere Port and 40 minutes to Liverpool city centre. Chester is well known for its impressive shopping areas and the University of Chester makes it extremely attractive to student tenants looking for a great university lifestyle experience.
There has been a major increase in population in Chester and it's predicted to increase further by 11% by the year 2023. With the shortage of accommodation in the city, it makes for an easy return with high occupancy rates. House prices in the area have also seen a significant rise, with a 20% increase in prices over the last 5 years (Zoopla – September 2018) makes for a lucrative investment opportunity!
Financial Breakdown
Gross rent: £9,000
Ground rent: £0
Service charge: £0
Lettings fees: £900
Net income: £8,100
Gross yield: 7.83%
Net yield: 7.04%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-14029
