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Windsor Close, Stamford

Property Features

  • Investment Purchase only
  • Mid Terrace Two bedroom Home
  • Good order throughout
  • Two Reception rooms
  • Downstairs W/C
  • Courtyard Garden
  • Tenant in Situ
  • Close to local schools and shop
  • 4.62% Current G Yield & 4.76% on ERV
£175,000
Sold
Stamford
  • Ref: 13601
  • Type: Mid Terraced House
  • Availability: Sold
  • Bedrooms: 2
  • Reception Rooms: 2
  • Tenure: Freehold

Property Summary

This property is currently tenanted, and sold as a tenanted investment property. Two bedroom mid terrace XLA property with two reception rooms, downstairs W/C, benefitting from courtyard garden to the rear and a short walk to local schools and shop. The property is in good condition throughout and current rent passing is £675 PCM.

Full Details

DESCRIPTION This property is currently tenanted, and sold as a tenanted investment property. Two bedroom mid terrace XLA property with two reception rooms, downstairs W/C, benefitting from courtyard garden to the rear and a short walk to local schools and shop. The property is in good condition throughout and current rent passing is £675 PCM producing a Gross Yield of 4.62%. Maximum ERV we envisage at £695 producing a gross yield of 4.76%. Return on Cash is forecasted at 9.47% ( with financial assumptions made)



MEASUREMENTS Entrance Hall

Living Room 12' 1" x 10' 3" ( 3.68m x 3.12m )

Kitchen 12' 1" x 8' 9" ( 3.68m x 2.67m )

Dining Room 12' 9" x 8' 9" ( 3.89m x 2.67m )

Cloakroom

Rear Porch

Stairs And Landing

Bedroom One 12' 2" x 10' 3" ( 3.71m x 3.12m )

Bedroom Two 9' 1" x 8' 10" ( 2.77m x 2.69m )

Bathroom 6' 1" x 5' 10" ( 1.85m x 1.78m )


INVESTMENT INFORMATION For the purchasing or sale of Investment Property (including all tenanted property) please speak to Osprey Investments for a more in depth discussion and any financial forecasting.

IMPORTANT NOTE Property Misdescriptions Act 1991 Property details herein do not form part or all of an offer or contract. Any measurements are included are for guidance only and as such must not be used for the purchase of carpets or fitted furniture etc. We have not tested any apparatus, equipment, fixtures or services neither have we confirmed or verified the legal title of the property. All prospective purchases must satisfy themselves as to the correctness and accuracy of such details provided by us. We accept no liability for any existing or future defects relating to any property. Any plans shown are not to scale and are meant as a guide only.