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House For Sale £162,000
Lakeside Avenue, Ashton-Under-Lyne OL7


Description
(1) Property Full Address: 28 Lakeside Avenue, Ashton-Under-Lyne OL7 9HJ
(2) Type: 2 Bedroom Semi-detached property
(3) Asking Price: £162,000.00
(4) Negotiated / Secured Price: £162,000.00
(5) Secured Yet? No
(6) Vision / Strategy: Buy to let
(7) Current House Status: Tenanted (on a period contract)

(8) Refurbishment Breakdown Cost:
Bathroom: Grouting and sealing around bath and tiles approx £100 - £125
Boiler(s): None (up to date Gas cert)
Damp proof course: Kitchen wall next to extension the tenant has claimed of damp however there was nothing to note when we visited. May require further investigation. Approx - £1,500.00
Deep cleaning full house: Current tenant in situ, however if tenant was to move out we would expect this to be done as the property was given to them to in a clean slate. If this wasn't the case we would claim back from the deposit what would be needed to clean the property throughout.
Doors: None
Electrical appliances: None (up to date eicr available)
Fence / panels: None
Flooring: Tenant has stated there are some floorboards broken which will need repairing and some of the carpets are stained approx £800.00
Gardening: Tenant has a lot of belongings in the garden which makes it look messy. There is a tree to the side of the property which we recommend getting removed in the future. Approx £1,000.00
Gutters: None
Kitchen: None
Painting / Wallpaper: Touching up paintwork - approx. £1,000
Pipes: None
Rewiring: None
Roof: None
Windows: Possibly required some of the windows aren't closing correctly so investigation into this would be needed. A homebuyer report may show that these need replacing - this will be quoted for by a window specialist if it is found to be needed.
Others: None

Total cost for Must items: £3,425.00 (Where applicable, all prices include VAT unless otherwise stated)

please note: This is an estimate, not a fixed quote. A qualified maintenance inspector will attend to provide a confirmed quote should you decide to proceed with purchasing this property.
Current rental income

(9) Estimated Rental after Refurbishment: £675/month
(10) Estimated Rental Yield: 5.0% Gross Yield
Potential rental income

(9) Estimated Rental after Refurbishment: £800.00 - £825.00/month
(10) Estimated Rental Yield: 6.1% Gross Yield

Follow the link for more information:
        
zoopla.co.uk

  
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