Byron Street
Goole, DN14 6EJ
£80,000
Fantastic investment opportunity on offer. This 2 bed terrace property comes with a tenant in situ and has been maintained in a good overall condition. It has housed the same family of tenants for over 6 years by providing convenient accessability to local amenities and work opportunities.
The yield comfortably surpasses that of the national average buy-to-let properties while still showing potential to increase further. Return on investment can be further increase by expediting appreciation through upgrading the property.
As for its location, the property is situated comfortablly between town centre and hospital and educational facilities. This allows timely access for any tenant to everything the town has to offer.
Property Investor Details
Tenure
Freehold
Council Tax Band
A
Minimum management fee
£65pcm
Current rental income
£650pcm
Expected rental income
£650pcm
Annual rental income
£7,800
Gross yield cash purchase
9.75%
Net yield cash purchase
8.78%
Net yield remortgaged
20.10%
Property Management Solutions
Download our Lettings Brochure to find out how we can manage your investment property after you’ve made the purchase. Our service quality is easily among the best while offering investor-friendly pricing.
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