REQUEST DETAILS

Agent details

This property is listed with:
Newton & Derry Ltd (Granthma)
68, High Street, Grantham,
Telephone:
01476 584173
 

Full Details for 3 Bedroom Terraced for sale in Grantham, NG31 :

IDEAL BUY TO LET - IMMEDIATE MINIMUM 5.1% YIELD - Located within easy access of local amenities, schooling and the town centre is this mid terraced established home. The well presented accommodation comprises of Entrance Hall, Lounge, Kitchen Diner, Rear Lobby, THREE Bedrooms and a Bathroom. The property benefits from UPVC double glazing and gas fired central heating. Outside there is a low maintenance garden to the front with an enclosed courtyard garden to the rear, where there is a gate to give access to off road parking and a garage. The property is currently tenanted until at least August 2015 with rent been paid at £495pcm.

INVESTMENT DETAILS
The property currently has good quality tenants committed to the property until at least August 2015 and conversations indicate they would like to stay beyond this date. They currently pay £495pcm. Currently let at £495pcm.£495 x 12 months = £5,940 per annum income.£5,940 divided by a property purchase price of £114,950 = 5.16% annual yield.

Accommodation

ENTRANCE HALL
With UPVc half obscure double glazed entrance door, single radiator, smoke alarm, stairs rising to the first floor landing.

LOUNGE - 13' 11'' x 12' 9'' (4.24m x 3.88m)
With UPVc double glazed window to the front aspect, single radiator, electric fire mounted to a stone hearth with marble effect surround and decorative wooden mantel.

KITCHEN / DINER - 17' 0'' x 9' 9'' (5.18m x 2.97m)
With UPVc double glazed window to the rear aspect, UPVc half obscure double glazed door to the rear porch, double radiator, work surface with inset one and a half bowl stainless steel sink and drainer with mixer tap over, eye and base level units, inset 4-ring ceramic hob with integrated extractor hood over, stainless steel double built-in electric oven, space and plumbing for washing machine, space for free standing fridge freezer, wall mounted gas fired boiler and pantry with shelving and an under stairs storage cupboard.

REAR PORCH
Of UPVc construction with UPVc double glazed units and polycarbonate roof and half double glazed UPVc door to the rear courtyard.

FIRST FLOOR LANDING
With loft hatch access.

BEDROOM ONE - 12' 10'' x 9' 7'' (3.91m x 2.92m)
With UPVc double glazed window to the front aspect, double radiator.

BEDROOM TWO - 9' 9'' x 9' 8'' (2.97m x 2.94m)
With UPVc double glazed window to the rear aspect, double radiator and double built-in wardrobe with sliding doors.

BEDROOM THREE - 10' 0'' x 7' 1'' (3.05m x 2.16m)
With UPVc double glazed window to the front aspect and single radiator.

BATHROOM - 7' 8'' x 5' 11'' (2.34m x 1.80m)
With UPVc obscure double glazed window to the rear aspect, single radiator, a 3-piece white suite comprising low level w.c., wash handbasin and panelled bath with electric shower over, airing cupboard housing hot water tank and shelving.

OUTSIDE
To the front there is a low maintenance gravelled garden with pathway to the front entrance. To the rear there is a low maintenance enclosed courtyard garden with fencing and walling to the boundary. A gate gives access on to the tarmac driveway for one car and leads to the garage.

GARAGE
With up-and-over door and half obscure glazed door to the courtyard.

COUNCIL TAX
The property is in Council Tax Band A.Yearly figures - 2014/2015 - £935.36


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House Prices for houses sold in NG31 9TU

Stations Nearby

Grantham
1.6 miles
Ancaster
5.7 miles
Rauceby
7.9 miles

Schools Nearby

The Grantham Ambergate School
2.5 miles
The Grantham Sandon School
0.9 miles
The Ash Villa School South Rauceby
7.8 miles
Belton Lane Community Primary School
0.9 miles
Grantham Harrowby Church of England Infant School
0.7 miles
Belmont Community Primary School
0.1 miles
Hill View Education Centre
0.8 miles
Kesteven and Grantham Girls' School
1.1 miles
Grantham College
1.2 miles