House For Sale £130,000
Yieldit are delighted to offer to the market this interesting two bedroomed, three sitting room investment property onto the market. With a real country cottage feel, this wonderful property briefly comprises of :- entrance hallway, large living room which leads to a conservatory with aspect over the rear garden. Fully fitted kitchen with aspect to the front. Downstairs is a further sitting room which leads to a utility room. Upstairs There are two double bedrooms the master with exposed beam ceiling and family bathroom. To the rear is a teared rear garden with balcony.
BB4 is a relatively popular area with 747 transactions recorded in the past 12 months, which is 376.5% higher than the national average of 157. This is also 15.2% lower than the year prior which had 881 transactions.
The price growth in Rossendale is higher than the national average, with the 2 year growth at 12.7 times the national average. Compared to other areas, BB4 is a relatively inexpensive area, with an average price -23.4% lower than the national average. The average house price in Rossendale, BB4 is £261,305 and the average rent is £916.
The property is located within walking distance of a small village with fantastic local amenities. Their are great local road networks and a direct bus service to Manchester.
Financial Breakdown
Gross rent: £6,900
Ground rent: £0
Service charge: £0
Lettings fees: £0
Net income: £6,900
Gross yield: 5.31%
Net yield: 5.31%
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-17234
BB4 is a relatively popular area with 747 transactions recorded in the past 12 months, which is 376.5% higher than the national average of 157. This is also 15.2% lower than the year prior which had 881 transactions.
The price growth in Rossendale is higher than the national average, with the 2 year growth at 12.7 times the national average. Compared to other areas, BB4 is a relatively inexpensive area, with an average price -23.4% lower than the national average. The average house price in Rossendale, BB4 is £261,305 and the average rent is £916.
The property is located within walking distance of a small village with fantastic local amenities. Their are great local road networks and a direct bus service to Manchester.
Financial Breakdown
Gross rent: £6,900
Ground rent: £0
Service charge: £0
Lettings fees: £0
Net income: £6,900
Gross yield: 5.31%
Net yield: 5.31%
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-17234
