Jefferson Street
Goole, DN14 6SJ
£95,000
Three-bedroom, three-storey terraced house delivering immediate £700pcm returns with established long-term tenants. Currently in fair condition requiring some works, this property presents a clear value-add opportunity for investors seeking to enhance returns through strategic improvements in a high-demand rental location.
The substantial accommodation across three floors includes a rear conservatory. Whilst the property's condition necessitates improvement works to optimise performance, the strong location fundamentals—excellent transport links, central positioning, and consistent tenant demand—support both current income and future enhancement potential through refurbishment.
This turn-key investment suits hands-on investors targeting value creation. The established tenancy provides immediate cash flow whilst recommended works offer clear pathways to increased rental returns and capital appreciation in a proven location.
Property Investor Details
Tenure
Freehold
Council Tax Band
A
Minimum management fee
£70pcm
Current rental income
£700pcm
Expected rental income
£700pcm
Annual rental income
£8,400
Gross yield cash purchase
8.84%
Net yield cash purchase
7.96%
Net yield remortgaged
16.83%
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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