House For Sale £700,000
- Prime Property Auctions are excited to bring to market this Large 2 bedroom Terrace house located within a prime location in Gosport London. * GUIDE PRICE £700,000 *
- * 129, Gosport Road, London, Greater London E17 7LX, Previously sold for £805,000. 89, Gosport Road, London, Greater London E17 7LX Previously sold for £750,000 *
- Sure to appeal to investors looking for a BRRR property. Excellent capital growth opportunity.
- The property currently achieves a rental income of £1,400 PCM (16,800 P/A).The current market rent in this area is £2,100 - £2,500. Which would provide an excellent gross yield of 4.2% per annum.Subject to rent increase.
- Property is situated in a popular buy to let area close to local amenities and facilities.
Prime Property Auctions are excited to bring to market this Large 2 bedroom Terrace house located within a prime location in Colchester. * GUIDE PRICE £700,000 *
Property comprises: Living Room, Dining room, Kitchen, Bathroom and 3 double bedrooms. Property benefits from ample storage throughout.
Fantastic investment opportunity. Great Capital growth potential as shown from evidence from surrounding areas:
* 129, Gosport Road, London, Greater London E17 7LX, Previously sold for £805,000. 89, Gosport Road, London, Greater London E17 7LX Previously sold for £750,000 *
Sure to appeal to investor looking for a BRRR property. The property currently achieves a rental income of £1,400 PCM (16,800 P/A).The current market rent in this area is £2,100 - £2,500. Which would provide an excellent gross yield of 4.2% per annum.Subject to rent increase.
Excellent BRRR Opportunity. Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth. The local areas have seen some great sales recently showing that there is strong demand.
Property has a Guide price of £700,000 and is sure to appeal to investors looking for a property that they can put their own stamp on or a homeowner looking for a new home in a sought after location.
Potentially high yielding investment property. Property would provide a gross yield of 4.2% if achieved for Guide price of £700,000
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Nestled within Greater London, Gosport offers a tranquil retreat from urban life while maintaining easy access to the city's endless opportunities. Surrounded by lush parks and green spaces, residents find solace in suburban serenity, with efficient transport links ensuring seamless connections to the bustling heart of London. From peaceful strolls in local parks to vibrant cultural offerings, Gosport boasts a rich tapestry of amenities that foster community connection and creativity. Affordable housing options invite residents to build their dream lifestyle in a neighbourhood where every street tells a story and every neighbour is a friend. Experience the best of both worlds in Gosport, where suburban charm meets urban convenience, promising a lifestyle that is as vibrant as it is serene.
