A portfolio of 2 mid-terraced houses located in St. Austell with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord. For investors looking for a rewarding investment, this is a brilliant opportunity! This portfolio includes two mid-terraced houses with a total of three spacious bedrooms and well-maintained household amenities — including two kitchens, two bathrooms, and two lounges. Investment details The portfolio currently produces an annual gross income of £11,880 which could be increased by the new owner to a market rate of £13,200 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio. For greater detail on this portfolio's investment potential, please see the Let Property Pack linked below. If you are interested, please call us. Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.
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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