2 bed Flat For Sale £230,000
Yieldit are pleased to offer to the market this fabulous investment, sold with a tenant in situ currently yielding 4.70% net with good scope to increase to make this an even more lucrative investment. The modern first floor apartment boasts open plan living area with fully-fitted kitchen and appliances, two well proportioned bedrooms and family bathroom with three-piece suite and shower over bath. The living area is bright and airy with double doors leading to a spacious private balcony with space for outdoor furniture to unwind. A secure allocated parking space is also included.
Sharps Court is a modern development in the charming medieval market town of Hitchin. The town is well known for it’s lively atmosphere and offers a wide range of popular shops, restaurants, bars and leisure facilities. Transport links are fantastic with fast and frequent links to London, Cambridge and Peterborough via rail and the motorway network. Conveniently, Sharps Court is just a 6-minute walk to Hitchin Railway Station.
Hitchin is an extremely popular town and was again in 2022 named as one of the best places to live in the UK. It appeals to a wide range of tenants with nine of it’s local schools rated ‘outstanding’ by Ofsted and being positioned on the Great Northern Line, ideal for those wanting to be in commutable distance of London whilst being able to enjoy peaceful country living. House prices increased by an impressive 11% in the last 12 months and they’re 13% up on the peak of 2020 so it’s an ideal location to invest in buy-to-let property.
Financial Breakdown
Gross rent: £12,000
Ground rent: £265
Service charge: £933
Net income: £10,802
Gross yield: 5.22%
Net yield: 4.7%
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-07172
Sharps Court is a modern development in the charming medieval market town of Hitchin. The town is well known for it’s lively atmosphere and offers a wide range of popular shops, restaurants, bars and leisure facilities. Transport links are fantastic with fast and frequent links to London, Cambridge and Peterborough via rail and the motorway network. Conveniently, Sharps Court is just a 6-minute walk to Hitchin Railway Station.
Hitchin is an extremely popular town and was again in 2022 named as one of the best places to live in the UK. It appeals to a wide range of tenants with nine of it’s local schools rated ‘outstanding’ by Ofsted and being positioned on the Great Northern Line, ideal for those wanting to be in commutable distance of London whilst being able to enjoy peaceful country living. House prices increased by an impressive 11% in the last 12 months and they’re 13% up on the peak of 2020 so it’s an ideal location to invest in buy-to-let property.
Financial Breakdown
Gross rent: £12,000
Ground rent: £265
Service charge: £933
Net income: £10,802
Gross yield: 5.22%
Net yield: 4.7%
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-07172
