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Wood Lane, Chippenham, Wiltshire, SN15 2 bed terraced house for sale
Wood Lane, Chippenham, Wiltshire, SN15
£170,000
Wood Lane, Chippenham, Wiltshire, SN15
£170,000
Our Summary
- 67%, with the potential for the rental income to increase to £1100pcm after contract renewal, generating a 7
- Available with no onward chain, this property offers immediate potential for investors looking for a dependable rental income
- The current tenancy situation provides instant returns, while the property itself offers scope for future enhancement to increase value
- We strongly recommend viewing to appreciate the investment opportunity
- Great Investment Opportunity - Potential Yield of 7
Description
This two-bedroom terraced house on Wood Lane, Chippenham, offers a lucrative investment opportunity for first-time buyers or investors. The property is currently tenanted at £850pcm, generating a solid 5.67% yield, with potential to increase to £1100pcm after contract renewal, yielding 7.33%. The property features an open-plan kitchen/living room on the ground floor, two bedrooms, and a family bathroom upstairs, as well as a front garden area. Located in Chippenham, the property is close to the town centre and railway station, making it ideal for commuters. With no onward chain and immediate potential for rental income, this property is a dependable investment opportunity with scope for future enhancement to increase value.