Contact Us:

+44 (0)121 2859377

info@investingnorth.co.uk

Family House with Opportunity to Build Another 3 Houses, Barton-upon-Humber

 

Property Address:

 

Family House with Opportunity to Build Another 3 Houses
Barton-upon-Humber

 

Property Details:

 
  • 2 Bedrooms
  • 1 Bathroom
  • 1 Reception
  • Garage
  • Land with opportunity for 3 new-builds to be put up (subject to planning approval)

This single family-let house in Barton-upon-Humber is available at 12% below current market value (recent RICS valuation). With a light refurb decor refurb, this property will potentially achieve around £75 000 in value.

The monthly rental is expected in the range of £400 - £450 pcm, which could yield in the region of £2 500 per annum after, letting, mortgage and other costs.

The house also comes with land that could potentially have 3 houses built on it (subject to planning approval).

 

12% Discount of Current Market Value - Family Let House

Popular Town close to Hull

House with Land - Opportunity to Build Another 3 Houses on Land (subject to planning approval)

Reason For Sale

 

The sellers are going through financial difficulties

Financial Information:

 
  • Cashflow: £207
  • Purchase Price: £57,000
  • Estimated Refurb: £5,000
  • Estimated Value after works: £75,000
  • Market Rental: £425
  • Sourcing Fee: £3,000
  • Current Market Value: £65,000
  • Project Management Fee: £500
 

What do I do next?

  1. Carry out your own due diligence
  2. Contact us and pay £500 to reserve the property
  3. Complete and sign our sourcing agreement
  4. We will then instruct our team to commence the purchase on your behalf

We can assist you with the project management of the works and offer full management on the rental side


Contact Details:

 

Contact:

Sammy Halliday

Telephone:

+44 (0)121 318 8056

Email:

sammy@investingnorth.co.uk


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