Tenant in Situ Wakes Meadow

This property would make a great investment, especially if you are a first time landlord as there is already a tenant in situ. 

On the market for £155,000 with Your Move…….situated at the end of a quiet cul-de-sac is this three bedroom link detached property in the popular residential area of Wakes Meadow. Currently with a tenant in situ, the property is attractive for both investors and buyers alike. The ground floor offers spacious accommodation with a large lounge to the front of the property, which benefits from wooden flooring. The kitchen/diner is in excess of 14ft at the rear, with the kitchen fitted with a range of base and eye level units as well as space for all your white goods. There is also ample space for a dining table and chairs, to enjoy meals with family and friends. The dining area also benefits from double doors opening out to the rear garden. Upstairs are three good sized bedrooms, with two of the three benefiting from built in storage cupboards. The family bathroom completes the first floor, which has a modern three piece suite. Outside to the rear is an extensive back garden which is split level, with a patio area for table and chairs plus a raised lawned area. To the front of the property is off road parking for two cars plus a single garage. The ideal investment or family home, viewing is strongly recommended.

Unfortunately Your Move haven’t said how much rent the current is paying, but I would suggest a realistic amount to charge would be between £700.00 and £750.00 pcm. Which would give you a return between 5.4% & 5.8%. 

http://www.rightmove.co.uk/property-for-sale/property-49178585.html


I would love to hear your views