3 bed end terrace house for sale

Horninglow Road, Burton-On-Trent DE14

Buy to let investors only-sold with tenants in situ (since 2011)

Current Rent £450 pcm Potential Rent £750 pcm

Deceptively spacious three bedroom freehold end of terrace house offers an excellent investment opportunity for buy to let investors, as it is being sold with tenants in situ. The accommodation comprises two generous reception rooms, a fitted kitchen, three well-proportioned bedrooms, and a family bathroom. The home is currently achieving a rental income of £450 per calendar month, equating to a 6% gross yield per annum, with the potential to increase this to £750 per calendar month (a 10% gross yield per annum), subject to rental market conditions and improvements. The property is rated EPC D, with the potential to achieve a B rating, making it a more energy efficient prospect for the future. Council Tax is Band B, and the property is attractively priced to sell, representing excellent value for investors looking to expand their portfolio. Additional features include gas central heating, double glazing, and on-street parking (unallocated).

Externally, the property benefits from both a side and rear yard, providing ample outdoor space for tenants to enjoy. The surrounding area is a mix of residential and commercial, with on-street parking available on an unallocated basis for residents and visitors. Public transport links and local amenities are within easy reach, adding to the convenience and appeal of the location. This property presents a solid investment opportunity with scope for increased returns, and early viewing is highly recommended to appreciate all that is on offer.

Nb. In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a personal interest in the sale of this property. The property is being sold by Director’s of Move Places Ltd.

A Buyer’s Reservation Fee forms part of any agreed purchase price. Please contact branch for more information.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2: These particulars do not constitute part or all of an offer or contract.

3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4: Potential buyers are advised to recheck the measurements before committing to any expense.

5: Mp has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.

6: Mp has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

EPC Rating: D

Location

190 Horninglow Road, Burton-On-Trent - DE14 2PX

Parking - On Street

Unallocated