Marlborough Avenue
Goole, DN14 6JA
£85,000
*Purchase from
Investment opportunity with long term tenants in situ. This terraced property offers fantastic potential returns with very little maintenance upfront.
The initial yield is not as impressive, but can comfortably be increased to over 8% right away. With additional upgrades, the property’s return can be maximised.
As for its location, the property is situated comfortably between the town centre and hospital with educational facilities in close proximity. This allows timely access for any tenant to everything the town has to offer.
3 Bedrooms
1 Bathroom
76m² Land Area / 83m² Build Area
Property Investor Details
Tenure
Freehold
Council Tax Band
A
Current rental income
£550pcm
Expected rental income
£650pcm
Annual rental income
£7,800
Minimum management fee
£48pcm
Gross yield cash purchase
9.18%
Net yield cash purchase
8.50%
Net yield remortgaged
19.00%
Download our Lettings Brochure to find out how we can manage your investment property after you’ve made the purchase. Our service quality is easily among the best while offering investor-friendly pricing.