Investment Type: BUY-TO-LET
Est. Completion: COMPLETED
This 1 bed apartment/studio is available with a tenant in situ and a current managing agent who has been recommended by the current landlord.
The locality of the property is less than a 5-minute walk to the centre of town and a 10-minute walk to the hospital. These types of rental properties are sought after and don’t often become available to rent due to tenants staying long term.
Tennant Profile
Current tenant is a nurse who works at the local Hospital, many tenants in these types of properties we are told work for the local Hospital. The tenant has been there for around 2 years already and is more than happy at the apartment. The letting agent has contacted the tenant to reassure her regarding the sale process and she is comfortable with everything.
There is a rolling contract currently as the original tenancy started on November 2020 for 12 months and has now expired. The option is there for a new landlord to look for a new tenant at a higher rate or to renegotiate the rent with the current tenant.
Current Lettings Agent
Clem Woodward Ltd
Letting & Management Agent
The Clem Woodward team has a combined experience of over 100 years in the property industry and has maintained a close relationship with many of the major Landlords, Suppliers, Relocation Agents and Employers to ensure we are constantly arranging quality tenancies.
Clem Woodward are members of ARLA property mark and ahead to their code of conduct.
Current tenancy agreement with agent – 8.5% + VAT management fee. Service charge and ground rent are around £750 per annum.
Location
Taunton, United Kingdom
Price
N/A
Completion
Completed
Rental Yield
Up To 6.7%
Sorry, we don't have any availability in this development at the moment. Please contact our team for more details.
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Any Questions?
Call: +44 (0) 161 337 3890
Call our team today on +44 (0) 161 337 3890
Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.
We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.
We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.
If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 660 8261.
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