Wessex Drive

OVERVIEW

A fantastic buy-to-let opportunity being offered for sale with tenants in situ and an immediate income stream from day one. This well-presented three-bedroom terraced house is situated in the popular residential area of Rudheath, Northwich, and represents an attractive proposition for investors seeking strong yield in the North West.

THE NUMBERS

• Asking Price: £160,000
• Current Rent: £995 pcm (recently increased)
• Annual Rental Income: £11,940
• Gross Yield: 7.46%
• EPC Rating: C
• Council Tax Band: B

THE PROPERTY

A three-bedroom mid-terraced house arranged over two floors, offering well-proportioned accommodation throughout:

• Ground Floor: Entrance hall, spacious lounge/diner, kitchen with pantry
• First Floor: Three good-sized bedrooms, family bathroom and separate WC
• Outside: Lawned front garden; private enclosed rear garden mainly laid to lawn with paved patio and useful outbuildings

WHY THIS WORKS AS AN INVESTMENT

• Tenants in situ – no void period, no re-letting costs
• Rent recently reviewed and increased to £995 pcm
• EPC C rating – lower risk of future mandatory upgrade costs
• Low Council Tax Band B – an attractive proposition for tenants, supporting strong demand and low void risk
• Established residential area with consistent rental demand
• Competitively priced with a gross yield approaching 7.5%