
Tennyson St
Goole, DN14 6EB
£89,000
Refurbished two-bedroom terraced house expecting 8.8% gross yield. Currently vacant and ready for immediate letting in a prime location with the added benefit of off-road parking.
This two-storey property has undergone recent refurbishment to an improved standard, ensuring reduced initial outlay for new investors. The layout includes two lounges, providing flexible living spaces, complemented by a practical but dated galley kitchen.
Situated in a very good location with excellent rental demand, the property benefits from the rare advantage of off-street parking - a feature not too common for Goole rental properties. The area's proximity to schools, the town park, and local amenities ensures consistent demand from quality tenants seeking well-presented accommodation.
Investment Summary:
At £89,000 with expected rental income of £650 per calendar month, this investment delivers an impressive 8.8% gross yield. The recent refurbishment eliminates immediate maintenance concerns while the vacant status allows for immediate letting at current market rates. The combination of prime location, off-street parking, and tenant-focused layout creates a compelling investment with strong rental prospects and reliable returns.
Property Investor Details
Tenure
Freehold
Council Tax Band
A
Minimum management fee
£65pcm
Current rental income
N/A
Expected rental income
£650pcm
Annual rental income
£7,800
Gross yield cash purchase
8.76%
Net yield cash purchase
7.89%
Net yield remortgaged
16.55%
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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