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£175,000

Farm Road

  • 1 bed
Terraced house

£175,000

  • 1 bed
Terraced house
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Estimate monthly mortgage payment:

£799 per month

Minimum deposit amount:

£8,750
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## Please note this property is being sold with tenants in situ ##

PROPERTY DESCRIPTION

Pure Investor brings to the market this two-bed mid-terraced property for sale on Farm Road, Oldbury. The property is on the larger side for a terraced property offering tenants a comfortable space to live. Downstairs there are two reception rooms, a galley kitchen and a bathroom to the rear of the property. Upstairs there are two double bedrooms. The property was previously let as part furnished so some of the furniture could be kept which includes one double bed, one single bed, table and chairs, fridge, washing machine and fitted cooker.

INVESTMENT INFORMATION

Asking price: £175,000.00 cash or mortgage accepted

Example of similar properties: https://www.rightmove.co.uk/best-price-guide-report/0b08e990-3de5-4340-bb16-f6ddd49fef81

Current rental figure: £750.00pcm ( £9,000.00pa)

Gross yield: 5.14%

Net yield: 5.14%

Potential rental income: £925.00pcm (£11,100.00pa)

Example of a similar property which has let: https://www.rightmove.co.uk/best-price-guide-report/27da6328-155d-4081-b88b-1541b00c8908

Potential net yield: 6.34%

Tenure: Freehold

Current rental set up: TBC

EPC: D

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Mortgage and legal costs:
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