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Weatherill Street, Goole, DN14 3 bed terraced house for sale
Weatherill Street, Goole, DN14
£95,000
Weatherill Street, Goole, DN14
£95,000
Our Summary
- Three-bedroom terraced house presenting an exceptional investment opportunity with remarkable tenant stability
- 6% gross yield, this investment offers immediate returns with significant potential for enhancement
- The combination of current yield performance and scope for improvement, backed by proven long-term occupancy, positions this as an ideal addition to any property investment portfolio seeking reliable returns with growth potential
- 6% gross yield with potential to increase
Description
This three-bedroom terraced house presents a remarkable investment opportunity with a long-term tenant who has been occupying the property for over 15 years and has expressed a desire to remain. The property is in good condition and requires minimal initial outlay, with a practical layout featuring three bedrooms and a ground floor bathroom. The current tenant is delivering a strong 7.6% gross yield, and the lengthy tenancy period suggests rental levels can be adjusted to reflect market rates. The property benefits from an excellent transport infrastructure and local amenities, ensuring tenant satisfaction and sustained rental appeal. The existing tenant's commitment to remaining long-term eliminates the typical investment risks associated with tenant turnover, void periods, and re-letting costs, providing predictable cash flow and reduced management requirements for investors. Overall, this property offers a compelling investment proposition, combining immediate income generation with future growth potential, making it an ideal addition to any property investment portfolio seeking reliable returns with growth potential.