
Weatherill Street
Goole, DN14 6EN
£95,000 SOLD
Three-bedroom terraced house with exceptional tenant stability, featuring a long-term occupant of over 15 years who wishes to remain. This investment delivers immediate income with 7.6% gross yield and potential for rental increases.
Property Details:
Well-presented three-storey property in good overall condition with three bedrooms and ground floor bathroom. The established tenancy eliminates void periods and provides reliable, continuous rental income from day one of ownership.
Location & Rental Strength:
Prime location with excellent transport connectivity, including a train station and bus routes, ensuring strong ongoing tenant appeal. Close proximity to local amenities supports the area's desirability and rental value.
Investment Summary:
This £95,000 investment offers immediate returns through the existing long-term tenancy with 7.6% gross yield and scope for rental growth. The combination of tenant stability, good property condition, and strong location fundamentals creates a low-risk investment with established cash flow and potential for income enhancement.
Property Investor Details
Tenure
Freehold
Council Tax Band
A
Minimum management fee
£60pcm
Current rental income
£600pcm
Expected rental income
£600pcm
Annual rental income
£7,200
Gross yield cash purchase
7.58%
Net yield cash purchase
6.82%
Net yield remortgaged
12.28%
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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