Marlborough Avenue
Goole, DN14 6JB
£95,000
*Sold STC
A lovely Property with tenants in situ. This property benefits from a spacious open-plan living and dining space, connecting the areas nicely while allowing light to propagate. There are three well-proportioned bedrooms upstairs with the bathroom situated downstairs.
The property is located in a residential area that benefits from generous capital appreciation, estimated at 5% annually. This makes up for the yield, which is still comfortably above the UK national average, and presents a 5-year ROI of 64% with a cash purchase.
3 Bedrooms
1 Bathroom
87m² Build Area / 83m² Land 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
Net yield cash purchase
7.60%
Gross yield cash purchase
8.21%
Net yield remortgaged
15.42%