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Property ID: 216088359
Monthly Income
£600
Current Yield
11.6%
Tenancy status
Tenanted
CapitalAppreciation
+5.4%
Exclusive Investment Grade Opportunity

This well-kept 2-bedroom mid-terraced house is located in Mexborough, within walking distance of various valuable amenities. It is an ideal property for investors seeking reliable, long-term returns.


This is a brilliant opportunity for investors!


The home is in excellent condition, featuring 2 bedrooms, a triple-fixture bathroom, a rear garden, a basement, and on-street parking


Investment Details:


The property currently generates an annual gross income of £7,200, with the potential to increase to a market rate of £7,644 while retaining the current tenants. Given the purchase price, this makes it a worthwhile addition to any investor’s portfolio.


Please see the Let Property Pack linked below for more details on this property’s investment potential.


Tenancy Details:


The current tenants have resided in the property for several years and have consistently paid their rent. They have no intentions of moving out and are keen to remain in the property.


Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Calculated Returns
Capital appreciation calculated based on location, property type, and market value. Learn more
Current Rent
Potential Rent
Purchase Costs
Net Rental Income600/mo
Monthly Capital Appreciation/mo
Total Net Returns/mo
Total ROI
Current Monthly Rent
£600 pcm
Current Rental Yield
11.6%
Potential Market Value Rent
£637 pcm
Potential Rental Yield
12.3%
Estimated Monthly Capital Appreciation
£281
Area Capital Appreciation Rate
+5.4%

Tenancy Checks

Tenancy Agreement

Proof of Rental Income documentation has been verified against the rental amount in the Tenancy Agreement by Let Property.

Proof of Rental Income

Recent Proof of Rental Income has been Verified by Let Property.

Length of Tenancy

Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.

Tenant Means of Funding:

Self Funded

Length of Tenancy information has been provided by the seller as verbal and written confirmation.

Property Checks

Property Tenure

Verified as Leasehold with 170 years on lease

Property Tenure documentation has been provided to Let Property and has been Verified.

EICR

EICR documentation has been provided to Let Property and has been Verified.

Gas Safety

Gas Safety documentation has been provided to Let Property and has been Verified.

EPC

EPC documentation has been provided to Let Property and has been Verified.

Council Tax Band

Council Tax Band: A

Interactive street-level view of the property location and surrounding area.

Ground Rent
Freehold
Factor Fees/Running Costs
TBC
Factor Name
unknown
Total Estimated Costs
unknown
EPC Rating
EPC image not availableCheck EPC documents below
EPC Documents
Floor plans
Floor plan
Offers Over
£62,500
Location
Flowitt Street, Mexborough, S64
Bedrooms
2
Type of property
Terraced

Additional Benefits

Fully Pre Checked by Let Property
Available First Come, First Serve
Over £1 Billion of UK Investment Property Sold.
Enquire for Detailed Returns Breakdown.
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Yearly Net Profit
Current Yearly Rent
£7,200
Annual Capital
Appreciation
£1,250
Yearly Factor Fee /
Service Charge
TBC
Other Yearly Costs
None
Indicated
Annual Net Returns
£8,450