Stoneacre Properties are pleased to present this terraced house split into 3 x 1-bed flats. The house has been setup like this for 20 years. Spread over 3 floors. The tenants pay all utility bills themselves and electricity is paid via meters and managed by the lettings agent.EPC ratings CCouncil tax bands AAll flats are fully tenanted and currently* achieve:Flat 1 - ?482.76 per 4 weeks (increasing to ?675 in May)Flat 2 - ?540 pcm (increasing to ?675 in May)Flat 3 - ?525 pcmTotal monthly rental income: ?1,590Total annual rental income: ?19,080From May:Total monthly rental income: ?1875Total Annual income: ?22,500
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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