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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

"Ridgewater are very quick and efficient when dealing with any issues. They are reliable and make letting our flat out an easy process. I always recommend them."
Debs