Allt Street, Parkgate, Rotherham

4 bed property for sale, Allt Street, Parkgate, Rotherham – £90,000

EPC-E
TENANTS IN SITU
INVESTMENT PROPERTY
KITCHENETTE ROOMS
TURNKEY INVESTMENT
£19,740 ANNUAL INCOME
EXISTING MANAGEMENT CONTRACT IN PLACE

TENANTED INVESTMENT | FOUR DOUBLE BEDROOMS | £19,740 ANNUAL INCOME | GUIDE PRICE £90,000 - £100,000 Turnkey investment opportunity with tenants in situ, providing an immediate rental income from completion. This well configured four bedroom room share offers an excellent opportunity for investors seeking a straightforward, income producing property. The property comprises four double bedrooms, with each room benefiting from its own kitchenette, providing tenants with a degree of privacy and independence. Each room is also individually secured with its own lockable door. There is a shared bathroom serving the property, comprising a shower, WC and wash hand basin. The property has been designed without traditional communal living areas, with each bedroom providing sufficient space to accommodate both a bed and seating, alongside the individual kitchenette. This makes the accommodation particularly suited to tenants seeking self contained living facilities while remaining within a room share arrangement. <h3 class='x1yc453h x1c3i2sq x1gtpwm6 x1s688f x1i21sxh xladpa3 x1iykcro x1hpqcdg x1fie51u xgyxj25 xkyrhof x1fv8qjw xj1urod x14l7nz5 x1pjt2rx x160d6zm xrxpjvj' dir='ltr'>Investment Highlights</h3> <ul class='xonam98 x1epdd7z xemmon1 xn020vs xfl32do xluzp7q x1yc453h x38giro xat24cr xkyrhof x1fv8qjw xdj266r xrxpjvj x1bxe5rh'> <li class='x1datfip xzngokm xtlupne'> Four double bedrooms </li> <li class='x1datfip xzngokm xtlupne'> Individual kitchenette within each bedroom </li> <li class='x1datfip xzngokm xtlupne'> Own lockable door to each room </li> <li class='x1datfip xzngokm xtlupne'> Shared bathroom with shower, WC and wash hand basin </li> <li class='x1datfip xzngokm xtlupne'> Tenants in situ </li> <li class='x1datfip xzngokm xtlupne'> Current annual rental income £19,740 </li> <li class='x1datfip xzngokm xtlupne'> Turnkey investment opportunity </li> <li class='x1datfip xzngokm xtlupne'> Income producing from completion, subject to the existing tenancy arrangements </li> <li class='x1datfip xzngokm xtlupne'> Guide Price: £90,000 - £100,000 </li> <li class='x1datfip xzngokm xtlupne'> EPC Rating: E </li> <li class='x1datfip xzngokm xtlupne'> Council Tax Band: A </li> </ul> At the guide price range, the stated annual income of £19,740 represents a rental yield of approximately 19.7% - 21.9%, before allowing for operating costs, voids, management, maintenance, utilities, compliance and other expenses. This is an opportunity to acquire an established, tenanted property with income already being generated, making it worthy of consideration by both experienced investors and those looking to add a higher yielding property to their portfolio. Get ready for speedier, smoother and more successful sales with Sale Ready properties! The vendors have opted to provide a legal pack for the sale of their property which includes a set of searches. The legal pack provides upfront the essential documentation that tends to cause or create delays in the transactional process. The legal pack includes: <ul> <li>Evidence of title</li> <li>Standard searches (regulated local authority, water & drainage & environmental)</li> <li>Protocol forms and answers to standard conveyancing enquiries</li> </ul> The legal pack is available to view in the branch prior to agreeing to purchase the property. The vendor requests that the buyer purchases the searches provided in the pack which will be billed at £360 (inc. VAT) upon completion. The buyer must fulfil the remaining term of the existing management contract with Haus Sales & Lettings. Early viewing is highly recommended.

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