2 pictures
Flat
·
for sale
£ 89,950
flat for sale
Dalton Wigan
· Flat
Dalton Wigan · Flat
PROPERTY DESCRIPTION Tenanted two-bedroom (one-bathroom) apartment for sale in Burscough, Lancashire. This property is being sold with a long-term tenant in situ, and represents an opportunity for a long-term, stable rental income on a hands-free, fully managed basis. The property is currently managed by a local lettings agent who have a good relationship with the tenant. Currently generates 700.00 per month in rental income. YIELD SUMMARY Annual rental income: 8,400 (700 pcm) Gross yield: 9.33% Annual ground rent: 100.00 Annual service charge: 1,692.00 Total annual outgoings: 1,792.00 Net annual income: 6,608.00 Net yield: 7.35% KEY INFORMATION Guide Price: 89,950.00 Current Rental Income: 700 pcm (8,400 pa) Gross Yield: 9.33% Net Yield: 7.35% Lease Remaining: 125 years EPC Rating: C Tenure: Leasehold Location: Burscough (Nr. Ormskirk), Lancashire WHY IT WORKS AS AN INVESTMENT Tenant already in situ immediate income from completion, no void period Strong gross yield of 9.33% against t
PROPERTY DESCRIPTION Tenanted two-bedroom (one-bathroom) apartment for sale in Burscough, Lancashire. This property is being sold with a long-term tenant in situ, and represents an opportunity for a long-term, stable rental income on a hands-free, fully managed basis. The property is currently managed by a local lettings agent who have a good relationship with the tenant. Currently generates 700.00 per month in rental income. YIELD SUMMARY Annual rental income: 8,400 (700 pcm) Gross yield: 9.33% Annual ground rent: 100.00 Annual service charge: 1,692.00 Total annual outgoings: 1,792.00 Net annual income: 6,608.00 Net yield: 7.35% KEY INFORMATION Guide Price: 89,950.00 Current Rental Income: 700 pcm (8,400 pa) Gross Yield: 9.33% Net Yield: 7.35% Lease Remaining: 125 years EPC Rating: C Tenure: Leasehold Location: Burscough (Nr. Ormskirk), Lancashire WHY IT WORKS AS AN INVESTMENT Tenant already in situ immediate income from completion, no void period Strong gross yield of 9.33% against t
£ 89,950