Waterloo Road, Mablethorpe, LN12

7 bedroom Semi-Detached House in Mablethorpe

For Sale
Offers Over £225,000
Current Yield 14.6 %
Potential Yield 14.6 %
Property Reference: 213801210
  • Semi-Detached House
  • 7 Bedrooms
  • 2 Bathrooms
  • 1 Receptions
  • 181 sq m

Property Features

Property Features

  • HMO Investment
  • Buy-to-Let Opportunity
  • Tenants Currently Situated
  • 2 Bathrooms and 3 WC's
  • Good Condition
  • Likely to attract enquiries from Serious Investors & Developers.
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

A 7 bedroom Semi-Detached House located in Mablethorpe currently being occupied as a HMO. There are various valuable amenities within walking distance of the property and it is able to generate fantastic rental returns.

For investors looking for a rewarding investment, this is a brilliant opportunity!

The property features three floors, including seven bedrooms, two bathrooms, and three WC's. It also offers a spacious lounge, a well-equipped kitchen, convenient parking, and excellent transport links throughout the local area.

Investment details

It currently produces an annual gross income of £37,788 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, 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.

Helpful Information

Council Tax Band: C
Property Reference: 213801210

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £3,149
  • Potential Rent pcm: £3,149
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 2 years+
  • Tenants means of funding: Employment
Property Reference: 213801210
Property Reference: 213801210

Property Location

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Request DetailsWaterloo Road, Mablethorpe, LN12

Offers Over £225,000

Make an offer
Waterloo Road, Mablethorpe, LN12

Listing Price

Offers Over £225,000

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.