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Bromyard Terrace, Worcester... 3 bed end of terrace house for sale
Bromyard Terrace, Worcester, Worcestershire, WR2 5BW
£250,000
Bromyard Terrace, Worcester, Worcestershire, WR2 5BW
£250,000
Our Summary
- This unique offering comprises two self-contained flats, each operating under independent lease agreements, presenting an excellent 'buy-to-let' investment with immediate rental income and a robust yield potential
- The dual income streams, coupled with the freehold ownership and the potential for straightforward financing, make this an exceptionally attractive proposition
- Early viewing is highly recommended to fully appreciate the scope and potential of this superb Worcester investment opportunity
Description
This rare and outstanding freehold property in Worcester offers a unique investment opportunity, comprising two self-contained flats with independent lease agreements, generating immediate rental income and a robust yield potential. The property is thoughtfully configured to maximize rental appeal and operational efficiency, with each flat featuring a lounge, kitchen, bedroom, and bathroom. Both flats are fully let, providing a combined rental income of £1,525 per month, with a yield of 7%. The freehold ownership eliminates ground rent or service charge liabilities, offering greater long-term security and flexibility. The property's structure also allows for potential financing using two 'vanilla' buy-to-let mortgages, one for each flat. With its strong rental market and excellent transport links, Worcester is a consistently popular choice for tenants, making this property an exceptional turnkey investment solution for those looking to expand their portfolio or enter the buy-to-let market.