2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Bailey Croft, Barnsley, South Yorkshire, S70
£130,000

Our Summary

  • 76% Reasons to Invest in 3 Bailey Croft * Turnkey Investment: Tenanted, managed, and generating income from day one * Desirable Property Type: 2-bed, 2-bath mid-terrace - high rental appeal * Excellent Condition: No known repair or maintenance issues * Stable Yield: Over 6% net with scope for rent increases in line with the market * Low Overheads: Freehold with minimal service charges and no ground rent * Location: Quiet residential development with good access to transport, town centre, and schools

Description

This property is a 2-bedroom, 2-bathroom mid-terrace house that offers freehold ownership, eliminating leasehold complications. The property is in good condition throughout, with no known repair or maintenance issues, making it a turnkey investment. It is currently tenanted with a rolling monthly tenancy, generating a net income of £8,800 per year, representing a 6.76% net yield. The property benefits from an allocated parking space, front garden, and is located in a quiet residential development with good access to transport, town centre, and schools. With a purchase price of £130,000, this investment offers a stable yield with scope for rent increases in line with the market, as well as low overheads with minimal service charges and no ground rent.