Weatherill Street, Goole, DN14
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
1
- SIZE
818 sq ft
76 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 15+ year tenant committed to staying
- Immediate rental income from completion
- 7.6% gross yield with potential to increase
- Well-maintained by long-term tenant
- Excellent transport links
Description
Property Overview:
This well-presented three-storey terraced house demonstrates good overall condition throughout, requiring minimal initial outlay from new owners. The practical layout includes three well-proportioned bedrooms distributed across the upper floors and a conveniently positioned ground floor bathroom.
Investment Performance:
Currently delivering a strong 7.6% gross yield, this investment offers immediate returns with significant potential for enhancement. The lengthy tenancy period suggests rental levels can be further adjusted to reflect market rates. The absence of void periods, advertising costs, or tenant sourcing expenses sets this as a favourable buy-to-let.
Location Advantages:
The property benefits from an excellent transport infrastructure, with both train station and comprehensive bus networks providing outstanding connectivity for commuting tenants. Local amenities within close proximity ensure tenant satisfaction and this combined with transportation availability contribute to the area's sustained rental appeal.
Tenant Stability Benefits:
The existing tenant's 15+ year occupancy demonstrates both the property's inherent appeal and their commitment to remaining long-term. This eliminates the typical investment risks associated with tenant turnover, void periods, and the costs of re-letting. The established relationship also provides predictable cash flow and reduced management requirements for investors.
Investment Summary:
At £95,000, this property combines immediate income generation with future growth potential. The exceptional tenant stability, strong location fundamentals, and opportunity for rental enhancement create a compelling investment proposition. The combination of current yield performance and scope for improvement, backed by proven long-term occupancy, positions this as an ideal addition to any property investment portfolio seeking reliable returns with growth potential.
Draft Note
The details below have been submitted to the vendor/s of this property but as yet have not been approved by them. Therefore we cannot guarantee their accuracy and they are distributed on this basis
Disclaimer
DISCLAIMER: Whilst these particulars are believed to be correct and are given in good faith, they are not warranted, and any interested parties must satisfy themselves by inspection, or otherwise, as to the correctness of each of them. These particulars do not constitute an offer or contract or part thereof and areas, measurements and distances are given as a guide only. Photographs depict only certain parts of the property. Nothing within the particulars shall be deemed to be a statement as to the structural condition, nor the working order of services and appliances.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Weatherill Street, Goole, DN14
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Visit our security centre to find out moreDisclaimer - Property reference RX588018. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by The Property Experts, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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