4 bed terraced house for sale

Waterside, Peartree Bridge, Milton Keynes MK6

Waterside, Peartree Bridge, Milton Keynes, Mk6 3Dq

Investment Opportunity – Waterside, Peartree Bridge, Milton Keynes, MK6 3DQ

This well-presented and extended four-bedroom terraced home in the popular Waterside area offers an excellent opportunity for investors seeking immediate rental income with further yield potential. The property is arranged over three floors, with a spacious ground floor featuring an open-plan reception and dining area, a modern fitted kitchen, and a convenient WC. The first and second floors comprise four generous bedrooms and a family bathroom.

Currently, the property is set up as a multi-let property, with two rooms already occupied and two rooms to be vacant upon completion, providing flexibility for the incoming investor. Comparable rooms in the area are achieving around £600 per calendar month, highlighting the potential to increase rental income. When fully let, the property is expected to yield above 7% net, making it a strong investment opportunity.

The property benefits from solar panels, freehold tenure, gas central heating, double glazing, and an extended ground floor layout.

Situated close to Milton Keynes Hospital, local amenities, and excellent transport links, this property represents a strong addition to any buy-to-let portfolio. It is available with tenants in situ or vacant, offering immediate income potential or flexibility to manage as desired.

Financial Breakdown

Gross Rent: £26,640.00
Net income: £25,440.00
Gross yield: 7.84%
Net yield: 7.48%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08320