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01803 525100

Pennsylvania Road, Ellacombe
£219,999, 4 bedrooms, for sale

Key features

  • Terraced
  • 4 Beds
  • 3 Receptions
  • 2 Bathrooms
  • Shower
  • Parking
  • Double Glazing
  • Garden
  • Gas Central Heating

Property Description

Great investment property in exellent condition. There is one tenant insitu on a 6 month assured shorthold rolling tenancy Both flats generate a yearly income of £13,500 with yield of 6%

**LOOKING FOR AN INVESTMENT THEN LOOK AT THIS GREAT INVESTMENT PROPERTY**
2x flats both in excellent condition.
Flat 1 is rented at £625pcm
Flat 2 has recently been rented for £500pcm.
Total monthly income of £1125 and a yearly income of £13,500.
This generates a yield of 6%.

Both flats have separate entrance, one with off street parking.
Property will be sold with the freehold for the building

Flat 1: has tenant in insitu on 6 month assured shorthold rolling tenancy.

Upstairs: Flat 1:
Pristine condition with good carpets and interior
Modern kitchen and diner
2 large double bedrooms
Large Bathroom.

Bottom Flat: Flat 2
Small kitchen, lounge
2 large double bedrooms
Large storage area
Parking and outdoor decking area.

Flat 1 is rented at £625pcm
Flat 2 has been recently rented out at £500pcm

Both properties have had excellent tenants who have lived in the property for a number of years and have loved and looked after both properties like their own homes.

**A MUST SEE INVESTMENT** CALL FOR A VIEWING ** 01803 313577/OPTION 2

"I just wanted to pass on my personal thanks for looking after our rental property (above) and the process of retaking possession. It has, without doubt, been the best service we have had in the time the property has transferred between various agents. Also I would like to single out Leah Bellworthy for individual praise - attentive and thoroughly professional - she has made the process almost seamless and stress-free. Thanks again. We would not hesitate to come back in the future, or recommend widely. Regards Grant"
Grant H