Kitchen Drive
Selby, YO8 8EA
£105,000
Recently redecorated and freshly let first-floor flat delivering a 7.9% gross yield with immediate rental potential. This well-appointed two-bedroom property features fresh decorative works throughout, eliminating any immediate investment requirements while maximising rental appeal in Selby's competitive market.
The spacious accommodation comprises a comfortable lounge, two well-proportioned bedrooms, a three-piece bathroom, and a spacious kitchen, providing excellent tenant value. Secure access via a coded communal entrance serving only two flats ensures privacy and exclusivity while maintaining low service charges and minimal shared responsibilities.
Strategically positioned near Selby's central amenities with the added attraction of canal-side proximity, offering tenants both convenience and recreational appeal. This property makes for an ideal turn-key opportunity.
Property Investor Details
Tenure
Freehold
Council Tax Band
A
Minimum management fee
£69pcm
Current rental income
£690pcm
Expected rental income
£690pcm
Annual rental income
£8,280
Gross yield cash purchase
7.89%
Net yield cash purchase
7.10%
Net yield remortgaged
13.39%
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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