A high-yield property that promises immediate income generation and long-term financial benefits. This furnished property is a gem in the real estate market, with good tenants in situ who moved in earlier this year and have made the house a real home. Two bedrooms upstairs and 2 reception rooms downstairs, one of which is furnished as a 3rd bedroom. Property Highlights- High Yield: This property boasts a high yield potential, ensuring a robust return on investment and steady income stream.- Investment Property: Ideal for investors looking to expand their portfolio with a reliable and attractive asset.- Immediate Income Generator: With good, fully referenced tenants already in place, this property guarantees immediate income generation from day one.- Furnished Property: The property comes fully furnished, offering tenants a hassle-free move-in experience and adding to its appeal for potential renters.Selective License Area - Newport 1. Please note this area is also now an Article 4 zone and that prevents new HMOs being granted license, however you can continue to let this property as a successful buy to let venture.The current tenants are paying rent of £720 per month plus they pay all the utility and council bills.Please contact Castle Homes for more information. EPC Rating: D
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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