House For Sale £220,000
High Street, Arlesey, Bedfordshire SG15

This excellent two bedroom end terrace comprises of; entrance hallway leading to a spacious lounge with double glazed window; fully fitted kitchen with all appliances included; two double bedrooms with double glazed windows; three piece family bathroom with shower over bath on the ground floor. The property has a driveway to the front of the property, with a spacious rear yard.

Being just 20 minutes from Stevenage town centre, this property is in the perfect location to invest. The largest development in Stevenage's £1bn regeneration project has been given the green light by the Government. The SG1 project will include 14.5 acres of the town centre, including 11 new buildings for residential, commercial, leisure and retail use. There will also be the introduction of a new park in the heart of Stevenage, as well as the Garden Square and Public Services Hub.

The transformation of Stevenage is well underway, but the SG1 Project will see the town centre become almost unrecognisable as well as supporting local people, this is expected to create over 1,000 jobs including 36 new construction apprenticeships that can boost the skills of local residents.

Financial Breakdown

Gross rent: £10,500
Ground rent: £0
Service charge: £0
Lettings fees: £1,386
Net income: £9,114
Gross yield: 4.77%
Net yield: 4.14%

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-16112