Property description

Purchase Options
Offers Over £ 47,950
Deposit £ 11,987.50
Mortgage Required £ 35,962.50
Current Rental Income £ 5,100
Mortgage Payments per month £ 149.84
Cash Flow £ 3,301.90
ROI 27.54 %
YIELD 10.63 %
Pegasus Investments are pleased to offer this two bedroom mid terrace which is located a popular residential area.
Colne has a strong precision engineering sector, particularly associated with the aerospace sector, as Rolls-Royce Aerospace operates in the area.
The property briefly comprises: lounge, fitted dining kitchen, two well proportioned bedrooms and three piece shower room, which is conveniently located on the ground floor.
Externally there is an excellent sized yard area with outbuildings to the rear.
The property also benefits form UPVC double glazing and gas central heating.

Property Features :

• Current Yield 10.63 %
• Overs Offer £ 47,950
• 2 Bed
• Tenanted
• Immaculate Condition