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£38,82 Annual Rental Income
8.63% Yield based on £450k Purchase
An opportunity to acquire a wonderful residential investment that produces 8.5%+ return on any capital investment. The detached building stands within its own private gardens and has ample parking for the development, which has been split into six self-contained units, providing a range of one and two bedroom flats. They all have their own meters and showers over baths.
Producing an annual income of £38,820 equating to an 8.5%+ yield, this is a fabulous residential investment opportunity.
Flat one
ground floor
This is accessed via a communal door to the
ground floor, but through its own private front
door, and comprises Hallway, Living Room, Kitchen, storage cupboard, double bedroom
with an en-suite shower room.
Rented at £420pcm
Flat two
ground floor
This is accessed via a private entrance and
comprises Living Room, two double
bedrooms, bathroom and kitchen.
Rented at £600pcm
Flat three
first floor
Via a private entrance, and comprises Living
Room, Double Bedroom, Kitchen and
Bathroom.
Rented at £490pcm
Flat four
first floor
Via an external staircase and private entrance
to the side of the property, and comprises
Living Room, Double bedroom, Kitchen and
Bathroom
Rented at £525pcm
Flat five
second floor
This second floor flat is arranged over two
Floors. It comprises Hallway, Double bedroom, Kitchen and Bathroom with
a further room upstairs comprising office and
Living Room.
Rented at £600pcm
Flat six
second floor
Comprises two double bedrooms, Bathroom, Kitchen
Rented at £600pcm
This property is only available for purchasers who are not in a chain.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer‘s interests to check the working condition of any appliances.
*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 1% (minimum of £2,500) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website. Back to listing
Full details for 6 Bedroom Detached For Sale in Mold
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Description
Richmond house, 127 Chester Road, Mold, CH7 1UJ.£38,82 Annual Rental Income
8.63% Yield based on £450k Purchase
An opportunity to acquire a wonderful residential investment that produces 8.5%+ return on any capital investment. The detached building stands within its own private gardens and has ample parking for the development, which has been split into six self-contained units, providing a range of one and two bedroom flats. They all have their own meters and showers over baths.
Producing an annual income of £38,820 equating to an 8.5%+ yield, this is a fabulous residential investment opportunity.
Flat one
ground floor
This is accessed via a communal door to the
ground floor, but through its own private front
door, and comprises Hallway, Living Room, Kitchen, storage cupboard, double bedroom
with an en-suite shower room.
Rented at £420pcm
Flat two
ground floor
This is accessed via a private entrance and
comprises Living Room, two double
bedrooms, bathroom and kitchen.
Rented at £600pcm
Flat three
first floor
Via a private entrance, and comprises Living
Room, Double Bedroom, Kitchen and
Bathroom.
Rented at £490pcm
Flat four
first floor
Via an external staircase and private entrance
to the side of the property, and comprises
Living Room, Double bedroom, Kitchen and
Bathroom
Rented at £525pcm
Flat five
second floor
This second floor flat is arranged over two
Floors. It comprises Hallway, Double bedroom, Kitchen and Bathroom with
a further room upstairs comprising office and
Living Room.
Rented at £600pcm
Flat six
second floor
Comprises two double bedrooms, Bathroom, Kitchen
Rented at £600pcm
This property is only available for purchasers who are not in a chain.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer‘s interests to check the working condition of any appliances.
*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 1% (minimum of £2,500) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website. Back to listing
