£85,000
(£115/sq. ft)
2 bed terraced house for saleMalvern Road, Nelson BB9
2 beds
1 bath
1 reception
736 sq. ft
EPC Rating: C
Added on
About this property
Two Bedroom Mid Terraced
Investment Opportunity
£650pcm Rental Income - Selling with Tenant in Situ
Viewing Recommended
Ideal For Investors
Large Living Room
EPC rated C
Council Tax Band: A
An excellent buy-to-let investment opportunity | tenant in situ | current rental income of £650 pcm | EPC rating C
An attractive opportunity for landlords and property investors looking to expand their existing portfolio or take their first steps into the buy-to-let market. This well-presented, two-bedroom mid-terraced property is being sold with a tenant in situ, offering the benefit of an established tenancy and a current rental income of £650 per calendar month, equivalent to £7,800 per annum.
Conveniently positioned within easy reach of local amenities, shops and transport links, the property offers practical accommodation in a location well suited to the rental market.
Internally, the accommodation comprises a spacious living room, a fitted kitchen with ample storage and worktop space, two well-proportioned bedrooms and a family bathroom.
Further benefits include an EPC rating of C and Council Tax Band A, both attractive considerations for the rental market, Leasehold tenure with 885 years remaining and an annual ground rent of £1.50.
For investors seeking an established rental property without the immediate need to source a new tenant, this represents an appealing opportunity to acquire a tenanted property with an existing income stream.
EPC Rating: C
Living Room (4.52m x 4.17m)
Kitchen (4.21m x 2.89m)
Landing (1.77m x 1.71m)
Master Bedroom (4.50m x 4.23m)
Bedroom Two (2.93m x 2.43m)
Bathroom (2.02m x 1.73m)
Disclaimer
We have not tested any appliances, fixtures, fittings, or services and cannot confirm they are in working order. Buyers must satisfy themselves as to condition, and no employee of Fardella & Bell is authorised to give any warranty or guarantee.
All measurements are approximate and may be subject to error. They should not be relied upon for furniture, fixtures, or floor coverings.
These particulars are provided in good faith, approved by the vendor(s), and are subject to error and omission. They do not form part of any offer or contract. Buyers should satisfy themselves on all matters, including any alterations or works and the relevant consents or approvals.
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All buyers and sellers must complete Anti-Money Laundering checks in line with hmrc regulations before a transaction can proceed. Fardella & Bell uses Coadjute’s Assured Compliance service, and a fee is payable for each individual check.
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Tenure
Leasehold (885 years)
Service charge
Council tax band
A
Ground rent
£1
Ground rent date of next review
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