2 bedroom Bungalow for sale in Forest Way Harrogate HG2

Sale Price: £190,000

Forest Way, Harrogate HG2

Bungalow
2 Bed(s)
1 Bath(s)
Available

 5 Raglan Street, Harrogate, North Yorkshire HG1 1L
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Street Address

Forest Way, Harrogate HG2

Property description

Investors! Investors! Come and have a look at this! A charming bungalow set in lovely gardens, with a long-term investment deal available that will yield around 5% gross on a rent-back arrangement with the current owner. Not to be missed! Call today to discuss the possibilities.

An unusual opportunity for a buy-to-let investor to purchase a solid, mature bungalow in a popular area with the benefit of an owner who wishes to rent back the property on completion on a long-term agreement that will produce a gross yield of around 5%.

The retired owner wishes to release equity to allow him to spend time with family abroad, but has a strong attachment to his home and does not wish to move, at least not for a number of years. The owner is capable and willing to look after the gardens and basic maintenance at the property within the terms of the agreement.

This property represents a clear opportunity to create a stable long-term income, with minimal ongoing costs, and excellent potential for future return on investment.

Surroundings
Forest Way is in the popular Forest Lane area of Harrogate, close to open countryside at Forest Moor and to shopping and the railway station at Starbeck.

Services
The property is connected to mains water, electricity, gas and drainage. Broadband internet is available in the area with speeds of up to 152Mb.

Directions
From Harrogate town centre follow Station Parade to the traffic lights and turn left onto the A59 York Place heading for Knaresborough. Take the second exit at the 'Empress' roundabout and continue on the A59. On crossing the railway crossing at Starbeck take the second right turn at the Co-operative shop onto Forest Avenue. After the allotments take the first turning right onto Forest Rise, and at the t-junction turn left onto Forest Way. No 19 is on the right side where a member of our staff will be waiting.


Property Features :

  • Great long-term investment opportunity
  • Good potential for capital growth
  • Possibilities for extension and refurbishment in the future
  • Around 5% gross yield with low maintenance costs
  • Straightforward investment, owner wishes to sell and rent back

Property Info:

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