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3 Bed Terrace house For Sale
Open to Offers
* This information does not contain all of the details you need to choose a mortgage. Make sure you read the separate key facts illustration before you make a decision.
* INVESTMENT PROPERTY WITH MASSIVE 7%+ ANNUAL RETURN
* £5,100 RENTAL RETURN (pa gross)
* PAYING TENANT FROM DAY ONE!
* Recently Modernised & Extended Mid Terrace
* 3 Bedrooms/1+ Reception
* Completley Refurbished
* Gas Central Heating
* Highly Convenient to Shops and Bus Routes
* Walking Distance to City Centre?
Description
ATTENTION INVESTORS: MASSIVE 7% GROSS RETURN - £5100 PA GROSS RENTAL RETURN - Low cost rental property complete with paying tenants from day one !! This extended and recently refurbished mid terrace is located off the Newtownards Road, close to shops and bus routes. It is also within walking distance of the city centre and the Titanic Quarter, and as management agents for the past three years, we can report that this property has been in almost full occupancy and lets quickly when vacant. It is currently let for £425 pcm giving an excellent return of over 7% pa. These returns will be of advantage to any investor wishing to obtain a Buy-To-Let mortgage on this property. The dwelling benefits from a double storey extension to the rear, uPVC double glazing and gas fired central heating. Accommodation is on 3 floors, giving 2 double bedrooms and 1 single, which helps maximise the rent; especially for anyone sharing. Whether adding to a portfolio or as a first investment, this property makes sound financial sense as the rent will cover the mortgage and make a profit (based on an 80% interest only mortgage at 5% payments would be approximately £233 pcm*note that this is an approximation only and we advise prospective purchasers to obtain accurate mortgage quotations. We are happy to introduce you to an independent financial advisor specialising in investment offer
Key One Property