Paradise Place
Goole, DN14 5DL
£65,000
Turn-key flat in Goole's regenerating town centre offers immediate rental returns with established, long-term tenants in situ. This charming one-bedroom flat features a spacious open-plan kitchen-diner, already proven popular with the growing demographic of young professionals attracted by new local employment opportunities.
Excellent transport connectivity via nearby rail and bus links and all central amenities on the doorstep, tenant satisfaction remains high. As council-funded improvements transform Goole's market and town centre, this freehold investment delivers instant income while positioned for capital growth in an area experiencing surging rental demand from expanding industrial development.
Property Investor Details
Tenure
Freehold
Council Tax Band
A
Minimum management fee
£58pcm
Current rental income
£480pcm
Expected rental income
£580pcm
Annual rental income
£6,960
Gross yield cash purchase
10.71%
Net yield cash purchase
9.64%
Net yield remortgaged
23.55%
Property Management Solutions
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.
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