Tenure: Leasehold
Being sold with a tenant in situation is this low maintenance first floor maisonette along one of the towns most prestigious roads, Park Lane.
Our current tenant is paying £535pcm which generates a yearly income of £6,420 per annum which gives you a healthy return of 7.1% based on a £90,000 purchase price. The average yield in Sandbach is roughly 6% so this offers excellent value for money.
Whether you are a seasoned investor or just starting out, buying a property with a sitting tenant has a number of benefits, most importantly you are generating an income from day one. The tenant has gone through referencing and no letting fees.
With interest rates coming down, investing into property can help maximize the return on your money. For any further information please contact our sales team.
EPC rating: C. Council tax band: A, Tenure: Leasehold,