*sensible offers considered* ideal for an investor to acquire 3 freehold houses, in a block, all being tenanted, with a total income of £15, 540 per annum. 2 of the 3 properties have gardens and all have off road parking. All 3 properties have PVC double glazing & gas radiator central heating.
Introduction
**all sensible offers considered**
an exciting opportunity for A buy to let investor to acquire three properties, in one block, all being tenanted, with A good percentage return:-two of the tenants being very long term.
39 grove road, rushden, northants
Three bedroom house - £95, 000 (freehold)
Let at £515 per calendar month – let to the same tenant for over fifteen years
39A grove road, rushden, northants
Two bedroom house - £85, 000 (freehold)
Let at £440 per calendar month – let to the same tenant for over five years
39B grove road, rushden, northants
One bedroom house - £70, 000 (freehold)
Let at £340 per calendar month
Overall asking price - £250, 000 (freehold)
Total rental income - £1, 295 per calendar month = £15, 540 per annum
Based on purchasing at £250, 000 = 6.22% return
Council Tax Bands
39 Grove Road, Rushden, Northants B
39A Grove Road, Rushden, Northants A
39B Grove Road, Rushden, Northants A
Location
Opposite Manton Court and Manton Road, on Grove Road, which is situated off Newton Road, as identified by our ‘for sale’ board. Viewings should be made strictly via ourselves the Sole Selling Agents on .
39 Grove Road
39 grove road, rushden, northants NN10 0JX - £95, 000 (freehold)
Entrance Hall
Lounge 3.60m x 4.25m (11'10' x 13'11')
Kitchen/Breakfast Room 3.00m x 4.25m (9'10' x 13'11')
Bedroom 1 3.00m x 4.25m (9'10' x 13'11')
Bedroom 2 3.60m x 2.16m (11'10' x 7'1')
+ door recess
Bedroom 3 2.51m x 1.93m (8'3' x 6'4')
Bathroom/ w.C
Landing
39a Grove Road
39A grove road, rushden, northants NN10 0JX - £85, 000 (freehold)
Hall
Door to:
Kitchen/Breakfast Room 2.52m x 3.93m (8'3' x 12'11')
maximum
Lounge 4.12m x 3.93m (13'6' x 12'11')
maximum
Bedroom 1 2.52m x 3.93m (8'3' x 12'11')
maximum + door recess
Bedroom 2 2.04m x 3.93m (6'8' x 12'11')
maximum
Bathroom
Landing
39b Grove Road
39B grove road, rushden, northants NN10 0JX - £70, 000 (freehold)
Hall
Kitchen/Dining Room 5.55m x 2.41m (18'3' x 7'11')
Maximum
Lounge 5.18m x 2.41m (17'0' x 7'11')
Maximum including stairs
Bedroom 3.41m x 2.41m (11'2' x 7'11')
Shower Room/w.C
Window to side, door.
Additional Information
• overall purchase price includes the three properties, two with gardens and the freehold
• all the properties have off road parking to the rear
• all the properties have PVC double glazing and gas radiator central heating, with modern boilers
• the transaction can be done separately, as 39B is owned in A company name, whereas 39 & 39A are owned by the same individual - this should eliminate the 3% stamp duty.
Disclaimer
agents note - all measurements are approximate. Any appliances mentioned have not been tested by ourselves. Money laundering regulations 2007 – We are required to show due diligence in obtaining proof of identity on or before the date the purchaser’s offer is accepted by the vendor (seller). Floor plans are for identification purposes only and not to scale. Measurements are approximate. Wall thickness, door and window sizes are approximate. Prospective purchasers are strongly advised to check all measurements prior to purchase. Mike Neville Estate Agents for themselves and the Vendors/Lessors of this property, give notice that (a) these particulars are produced in good faith as a general guide only and do not constitute or form part of a contract (b) no person in the employment of Mike Neville has authority to give or make any representation or warranty whatsoever in relation to the property.