Kenilworth Court, Washington, NE37 3EG

1 bedroom Flat in Washington

Under Offer
Offers Over £21,000
Current Yield 13.7 %
Potential Yield 20 %
Property Reference: 215538182
  • Flat
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 69 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Tenants Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Well Maintained Property
  • Three Piece Bathroom
  • Two Balconies
  • Resident Parking
  • Easy Access to Local Amenities
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

A spacious and well-kept 1-bedroom flat located in Washington. There are various valuable amenities within walking distance of the property, and it can generate rewarding rental returns.

This is a brilliant opportunity for investors looking for a reliable, long-term investment!

The home is in excellent condition, featuring 1 bedroom, fresh new carpeting, 2 balconies, a bathroom with an additional WC, and private resident parking.

Investment details

It currently produces an annual gross income of £4,800, which the new owner could increase to a market rate of £6,996 with the tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.

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

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for their stay. They do not intend to move out, so they hope to remain in the property.

Let Property Sales is committed to facilitating a smooth transaction process and allowing for maximum commitment to the sale from both parties; a fully refundable buyer's premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.

Helpful Information

Council Tax Band: A
Property Reference: 215538182

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £400
  • Potential Rent pcm: £583
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: Moved in within the last 2 years
  • Tenants means of funding: Employment
Property Reference: 215538182
Property Reference: 215538182

Property Location

Similar Properties

Request DetailsKenilworth Court, Washington, NE37 3EG

Offers Over £21,000

Make an offer
Kenilworth Court, Washington, NE37 3EG

Listing Price

Offers Over £21,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.