Property description

**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
LET AT £515 PER CALENDAR MONTH, SINCE 1/5/04


39A GROVE ROAD, RUSHDEN, NORTHANTS
TWO BEDROOM HOUSE
LET AT £440 PER CALENDAR MONTH, SINCE 5/8/06


39B GROVE ROAD, RUSHDEN, NORTHANTS
ONE BEDROOM HOUSE
LET AT £375 PER CALENDAR MONTH, SINCE 14/2/15


OVERALL ASKING PRICE - £250,000 (FREEHOLD)

TOTAL RENTAL INCOME - £1,330 PER CALENDAR MONTH = £15,960 PER ANNUM

BASED ON PURCHASING AT £250,000 = 6.38% RETURN

39 Grove Road, Rushden, Northants - B

39A Grove Road, Rushden, Northants - A

39B Grove Road, Rushden, Northants - A

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 01933 316316.

39 Grove Road, Rushden, Northants NN10 0JX

Entrance Hall

Lounge

Kitchen/Breakfast Room

Bedroom 1

+ door recess

Bedroom 3

Bathroom/ w.c

Landing

39a Grove Road, Rushden, Northants NN10 0JX

Door to:

maximum

maximum

maximum + door recess

maximum

Bathroom

WC

Landing

39b Grove Road, Rushden, Northants NN10 0JX

Hall

Maximum

Maximum including stairs

Bedroom

Window to side, door.

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

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.

Property Features :

• Investment Opportunity
• TOTAL RENTAL INCOME - �1,295 PER CALENDAR MONTH =
• BASED ON PURCHASING AT �250,000 = 6.22% RETURN
• Three separate dwellings
• All currently Let