Asking Price £70,000
3 bed terrace house with tenant in situ generating 7.7% yield.
Tucked away in quiet location with no passing traffic to front and good sized gardens this spacious 3 bedroom mid terrace house is a great investment property. Priced realistically, the house does require some cosmetic updating but is currently let with a tenant who is happy to stay. Therefore, perfect for any investor looking for a quick and easy sale with an instant return, the property is currently let for £450 PCM producing a healthy yield of 7.7% (based on asking price) with plenty of potential to easy improve the property and increase the rent.
Ground floor accommodation comprises of a living room, kitchen/diner, cloakroom/WC and additional shower room. 1st floor benefits from lots of storage and comprises three bedrooms and a family bathroom.
Other benefits include gas central heating with combination boiler and double glazing.
We are advised that the property is freehold. Council tax band is A.
Council | Band A | Band B | Band C | Band D | Band E | Band F | Band G | Band H | |
---|---|---|---|---|---|---|---|---|---|
Wigan Council | £912.44 | £1,064.51 | £1,216.58 | £1,378.40 | £1,672.80 | £1,976.95 | £2,281.10 | £2,737.32 | Website |
West Lancashire | £1,001.18 | £1,168.05 | £1,334.92 | £1,501.77 | £1,835.49 | £2,169.23 | £2,502.95 | £3,003.54 | Website |
South Ribble Borough Council | £1,014.34 | £1,183.41 | £1,352.47 | £1,521.52 | £1,859.63 | £2,197.76 | £2,535.86 | £3,043.04 | Website |
Chorley Borough Council | £1,003.58 | £1,170.85 | £1,338.11 | £1,505.37 | £1,839.89 | £2,174.43 | £2,508.95 | £3,010.74 | Website |
All council Tax Bandings are indicatory. Please check the precise banding for a property of interest.