House For Sale £260,000
This brilliant investment opportunity is being sold with a tenant in situ yielding just under 4% net, the property has previously been let used as a multi-let so has the potential for a lucrative yield in the future. The attractive three-storey semi-detached property is part of the popular Millfields estate and boasts three good-sized bedrooms; kitchen diner with fully-fitted modern kitchen; living room with fireplace; office; family bathroom; shower room and w.c. To the rear of the property is a wonderful garden accessible by patio doors.
Evergreen Way is tucked away in a desirable quiet residential hamlet on the Hartelbury side of Stourport-on-Severn, a picturesque canal side town near Kidderminster and Bromsgrove and 30 miles from Birmingham. The property is just a short walk into the beautiful countryside and the town centre which offers a wealth of amenities with vibrant shopping streets, restaurants, pubs, rich history, theatre shows and leisure facilities. Also within easy reach is a range of schooling which is ranked highly by Ofsted.
Stourport-on-Severn is a popular commuter base for those seeking cheaper accomodation outside of busier and more expensive areas, with the nearby A449 providing direct access to Worcester city and the M5 network. Hartlebury train station is just a five-minute drive from the property and provides regular services to Worcester and Birmingham via Kidderminster.
Not only do buy-to-let properties in Stourport-on-Severn offer excellent yields, high tenant demand and good value for money but the potential for capital growth is also very strong. House prices over the last year were 6% up on the previous and 19% up on 2018's figures (Rightmove). So don't miss out on this solid investment and enquire today.
Financial Breakdown
Gross rent: £10,200
Net income: £10,200
Gross yield: 3.92%
Net yield: 3.92%
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-18464
Evergreen Way is tucked away in a desirable quiet residential hamlet on the Hartelbury side of Stourport-on-Severn, a picturesque canal side town near Kidderminster and Bromsgrove and 30 miles from Birmingham. The property is just a short walk into the beautiful countryside and the town centre which offers a wealth of amenities with vibrant shopping streets, restaurants, pubs, rich history, theatre shows and leisure facilities. Also within easy reach is a range of schooling which is ranked highly by Ofsted.
Stourport-on-Severn is a popular commuter base for those seeking cheaper accomodation outside of busier and more expensive areas, with the nearby A449 providing direct access to Worcester city and the M5 network. Hartlebury train station is just a five-minute drive from the property and provides regular services to Worcester and Birmingham via Kidderminster.
Not only do buy-to-let properties in Stourport-on-Severn offer excellent yields, high tenant demand and good value for money but the potential for capital growth is also very strong. House prices over the last year were 6% up on the previous and 19% up on 2018's figures (Rightmove). So don't miss out on this solid investment and enquire today.
Financial Breakdown
Gross rent: £10,200
Net income: £10,200
Gross yield: 3.92%
Net yield: 3.92%
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-18464
Houses For Sale Conifer Place
Houses For Sale Timberland Lane
Houses For Sale The Spinney
Houses For Sale Evergreen Way
Houses For Sale Leapgate Avenue
Houses For Sale Leapgate Old Railway Line
Houses For Sale The Osiers
Houses For Sale Mill Road
Houses For Sale Timber Lane
Houses For Sale Millgate Close
Houses For Sale Timberland Lane
Houses For Sale The Spinney
Houses For Sale Evergreen Way
Houses For Sale Leapgate Avenue
Houses For Sale Leapgate Old Railway Line
Houses For Sale The Osiers
Houses For Sale Mill Road
Houses For Sale Timber Lane
Houses For Sale Millgate Close
