Asking Price £375,000
B Simmons are pleased to bring to the market with no-onward chain this fantastic investment opportunity offering investors a possible yield of 6%+. The current owner has converted this terrace-style cottage in to 3 dwellings consisting of: Bedsit / Studio: a large double bedroom with kitchenette, shower, toilet and double wardrobe. This is on the ground floor and accessed via the main front door. One Bedroom Flat: This is a large flat on the first floor, accessed via the front door and communal hallway. This property consists of a large double bedroom with en-suite shower room, a spacious living room and separate kitchen. Studio Maisonette: This studio apartment is accessed via the rear communal gardens / car park. It boasts a galley-style kitchen, separate re-fitted bathroom and a large double bedroom come living room. All properties have one allocated parking space at the rear of the property along with ample visitors parking, along with lots of on-street parking available at the front of the property. The current owner is currently receiving a 6% yield on this site at the £375k value, but rents have not been increased for a substantial period of time and should the properties receive refurbishment we are confident this yield could be closer to 7%. Situated just 1 Mile from Slough town centre and Railway Station / Future Crossrail, this investment would rent very well and with tenants in situ, investors need not worry about an immediate income being generated. INVESTORS: This property is being sold along with several other investment properties owned by the same family. Please enquire with one of our agents if you are interested in purchasing this within a larger investment portfolio.
Ryvers Road, Langely - 0.6 Miles from Langley Railway
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