Large 3 bed end terrace, let on a 3 year tenancy giving a net rental income of £9,600pa

Large 3 Bedroom End Terrace

External Elevations Fully Rebuilt

New Kitchen

New Bathroom

Re Plastered Throughout

RE-wire / new CH / New Plumbing

UPVC Windows Throughout / New Internal / External Doors

New Full Decor and Carpets / Curtains Throughout

Certification Provided

Gas

Electric

EPC

This property has under gone a total refurbishment from bare brick and has been accepted on the government Bail Housing Scheme, and is supplied fully let on a new 3 year contract.

The property provides 4 bed spaces and meets all current HMO regulations.

A damage repairing lease has been agreed until June 2012 with an option to continue if both parties agree.

Rental Income = £ 9,600 pa

25% Deposit = £27,500

Loan = £82,500

Mortgage @ 5% = £ 4,125 pa

Net Income = £ 5,475 pa

% Return = 19.9%