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Property ID: 217121523
Monthly Income
£1,477
Current Yield
11.2%
Tenancy status
Tenanted
CapitalAppreciation
+4.7%
Exclusive Investment Grade Opportunity

A portfolio of 2 two-bedroom flats located in Bingley with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord.


For investors looking for a rewarding investment, this is a brilliant opportunity!


This portfolio offers two spacious flats. Each flat has two beds, modern kitchens and bathrooms, lounges and parking spaces.



Investment details


The portfolio currently produces an annual gross income of £17,724 which could be increased by the new owner to a market rate of £23,136 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.


For greater detail on this portfolio's investment potential, please see the Let Property Pack linked below.



If you are interested, please call us.



Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Calculated Returns
Capital appreciation calculated based on location, property type, and market value. Learn more
Current Rent
Potential Rent
Purchase Costs
Net Rental Income1477/mo
Monthly Capital Appreciation/mo
Total Net Returns/mo
Total ROI
Current Monthly Rent
£1477 pcm
Current Rental Yield
11.2%
Potential Market Value Rent
£1929 pcm
Potential Rental Yield
14.6%
Estimated Monthly Capital Appreciation
£623
Area Capital Appreciation Rate
+4.7%

Tenancy Checks

Tenancy Agreement

Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.

Proof of Rental Income

Recent Proof of Rental Income has been Verified by Let Property.

Length of Tenancy

Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.

Tenant Means of Funding:

Self Funded

Length of Tenancy information has been provided by the seller as verbal and written confirmation.

Property Checks

Property Tenure

Verified as Leasehold with 170 years on lease

Property Tenure documentation has been provided to Let Property and has been Verified.

EICR

EICR documentation has been provided to Let Property and has been Verified.

Gas Safety

Gas Safety documentation has been provided to Let Property and has been Verified.

EPC

EPC documentation has been provided to Let Property and has been Verified.

Interactive street-level view of the property location and surrounding area.

Ground Rent
TBC
Factor Fees/Running Costs
TBC
Total Estimated Costs
unknown
EPC Rating
EPC image not availableCheck EPC documents below
EPC Documents
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Yearly Net Profit
Current Yearly Rent
£17,724
Annual Capital
Appreciation
£3,180
Yearly Ground Rent
Unknown
Yearly Factor Fee /
Service Charge
TBC
Other Yearly Costs
None
Indicated
Annual Net Returns
£20,904