Suite 2, Chapel Allerton House,
114 Harrogate Road
Leeds
LS7 4NY
TENANT IN SITU – INVESTMENT OPPORTUNITY – 8.53% GROSS YIELD
An excellent opportunity to purchase this established buy-to-let investment in Jarrow, currently generating £675 PCM in rental income.
STRICTLY TENANT IN SITU – THE PROPERTY IS BEING SOLD WITH THE EXISTING TENANT REMAINING IN OCCUPATION. INVESTMENT BUYERS ONLY.
The accommodation on offer briefly consists: Entrance hall, kitchen/diner and lounge. Stairs then lead to the first floor landing with three bedrooms and house bathroom.
Conveniently located close to Jarrow town centre, the property benefits from a range of local amenities, including shops, supermarkets and leisure facilities. Excellent transport links are available via Jarrow Metro Station and local bus services, providing easy access into Newcastle upon Tyne and the surrounding areas.
With an annual rental income of £8,100 and an asking price of £95,000, the property offers an attractive gross rental yield of approximately 8.53%, making it an appealing addition to any property investment portfolio.
Early enquiries are recommended.
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. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER GOODMOVE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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