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3 bedroom semi-detached house for sale
Beech Street, Barnsley, South Yorkshire, S70
£120,000
Beech Street, Barnsley, South Yorkshire, S70
£120,000
Our Summary
- For investors seeking strong yields and a low-maintenance addition to their portfolio, this 3-bedroom semi-detached home in Barnsley offers a compelling proposition: * Immediate Income: Tenant in situ, £675 pcm rental income * Low Void Risk: Reliable tenant in place for 4 years on a rolling contract * Capital Growth Potential: Located in a high-demand rental area with improving infrastructure Property Highlights * Bedrooms: 3 well-proportioned rooms * Bathroom: Modern three-piece suite * Living Space: Comfortable lounge with natural light * Kitchen: Spacious kitchen with ample storage and workspace * Basement: Additional storage or conversion potential * Parking: Generous off-street parking at front and side Energy Efficiency Upgrade This property is on the cusp of a major energy-efficiency improvement: * Secured Funding: Tenant has arranged council-backed upgrades, including an Air Source Heat Pump and new radiators * EPC Uplift: Expected to rise from D to B - a substantial increase in efficiency and appeal to future tenants * Investor Benefit: The works are funded and managed externally, boosting the property's value and reducing running costs without additional outlay Financial Snapshot * Asking Price: £120,000 * Current Rent: £675 pcm (£8,100 p
- * Potential for Higher Rent Post-EPC Upgrade: Properties with a B rating command premium rents and enjoy lower tenant turnover
Description
This 3-bedroom semi-detached home in Barnsley offers a strong yield and low-maintenance investment opportunity. With a tenant already in place, the property generates £675 per month, providing an immediate income stream. The tenant has a rolling contract in place, minimizing void risk, and the location is in high demand, with improving infrastructure. The property itself has a comfortable lounge, modern bathroom, and spacious kitchen, with additional storage potential in the basement. An energy-efficiency upgrade is underway, funded by the tenant, which is expected to lift the EPC rating from D to B, increasing the property's value and appeal to future tenants. With an asking price of £120,000 and a gross yield of 6.75%, this property presents a compelling investment opportunity for those seeking a reliable income stream with potential for capital growth.