2 Bed Flat For Sale Huddersfield Road, Barnsley, S75

£69,950- Flat

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Last Updated: 26th April 2024

Description

This first floor two bedroom flat will be of particular interest to investment purchasers. The property is being sold with a tenant in situ on an assured shorthold tenancy and has occupied the flat for the last ten years. Currently producing £5940 pa (8.5% yield), with potential to be increased.

The property benefits from an allocated parking space and has gas central heating with combination boiler.

Please contact Sorbys to arrange a viewing with the agents and tenant.

Reception Hall -

Lounge - 4.88m x 3.18m (16'0\" x 10'5\") -

Kitchen - 3.10m x 2.11m (10'2\" x 6'11\") -

Bedroom One - 3.25m x 3.18m (10'8 x 10'5\") -

Bedroom Two - 2.67m x 2.06m (8'9\" x 6'9\") -

Bathroom -

Please Note: - The photographs shown were taken prior to the existing tenant taking possession of the property.

Lease - The property is leasehold. We are informed that the ground rent, buildings insurance and communal charges are in the region of £500 per annum. There is a 790 year lease, which commenced in 1974.
Agent Details
Sorbys
Sorbys, Biz Space, Oaks Business, Oaks Lane, Barnsley, S71 1HT

Investment Analysis

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Calculators

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested