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Wood Lane, Chippenham, Wiltshire, SN15 2 bed terraced house for sale
Wood Lane, Chippenham, Wiltshire, SN15
£180,000
Wood Lane, Chippenham, Wiltshire, SN15
£180,000
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 in Chippenham offers a fantastic investment opportunity for first-time buyers or investors, with a current rental income of £850 per month and a potential yield of 7.33% after contract renewal. The property has a practical open-plan kitchen/living room on the ground floor and two bedrooms upstairs, as well as a family bathroom. The property also features a front garden area and is located within easy reach of Chippenham town centre and railway station, making it ideal for commuters. With no onward chain and immediate potential for returns, this property is a great opportunity for investors to generate a dependable income stream, with scope for future enhancement to increase value.