abbotFox presents this fantastic opportunity to acquire a portfolio of seven, three-bedroom terraced homes in the popular village of Weeting, near Brandon.Built in the 1950s, these well constructed properties offer generous living space and strong rental appeal. All seven houses are currently let, generating a total rental income of ?5,395 per calendar month (?64,740 per annum). With rental values in the area continuing to rise, the potential income sits at approximately ?7,350 per calendar month (?88,200) per annum), offering a projected yield of around 8% at full market rent.Weeting is a sought after village offering a blend of rural charm and excellent connectivity. Just a short drive from Brandon, it provides easy access to local shops, schools, and transport links, including direct train services to Cambridge and Norwich. The village is surrounded by picturesque countryside, including Thetford Forest, a popular destination for outdoor pursuits.Further details will be published shortly, however, available now upon request.
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.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by AbbotFox. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact AbbotFox for full details and further information.