This three-bedroom mid-terraced house is located in Hinckley, within walking distance of various valuable amenities. It is ideal for investors seeking reliable, long-term returns.
This is a brilliant opportunity for investors!
This property features three bedrooms, a spacious lounge, a kitchen, and a bathroom with three fixtures. Additional benefits include a private rear yard, on-street parking, double-glazed windows, and a boarded attic/loft space that can be used for storage at the tenant's discretion.
Investment Details:
The property generates an annual gross income of £7,680, which the new owner could increase to a market rate of £12,000 with long-term tenants currently situated. The purchase price 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 Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties, a fully refundable buyer's premium may apply to secure the property. This amount is refunded in the event of non-completion.
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 by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Gas Safety
Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Council Tax Band
Council Tax Band: A
Interactive street-level view of the property location and surrounding area.
Appreciation
Charge
Indicated