St Leonards on Sea - 20% Below Market Value Terraced House -Click for more info

Description

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

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20% Below Market Value

Terraced House, Let Out As a Single Let

Bexhill Road, St Leonards on Sea, TN38 8BL

Market Value = £250,000

Purchase Price = £200,000

Finder’s Fee = £3,000

Gross Income = £11,400 per annum

For a limited time only, we have managed to secure a single let property in a central location of St Leonards on Sea, close to all local amenities and with great transport connections for the price of £200,000.

The property is a 3-bed mid terrace house with a large single-story extension (6M X 3M).

The property is currently let out as a family home on a monthly rent of £950. There is good tenant demand in the area for good quality accommodation.

To increase the cash flow from the property it may be possible (subject to planning restrictions) to operate the property as:

Holiday let/ serviced accommodation
4/5 Bed HMO (the property is in an article 4 area)

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store

If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

Ad ID: 1374592121