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Steam Mills, Cinderford, Gloucestershire, GL14

£540,000
Reduced on 08/07/2019
Vesta, London
PROPERTY TYPE
Semi-Detached
BEDROOMS
x8
BATHROOMS
x4
SIZE
2,293 sq. ft.
(213 sq. m.)

Key features

  • Tenanted investment property
  • 5.1% Gross Rental Yield
  • £27,600 rent per annum
  • + 29.86% HPI (last five years)

Property description

Tenure: Freehold

This is an investment opportunity to purchase a tenanted portfolio in Cinderford, Gloucestershire. This portfolio consisting of 4 propertiesgenerates £27,600 in rent per annum and a gross yield of 5.1%.

Portfolio information:

Fully tenanted portfolio
Consisting of:
2 x semi-detached houses
2 x terraced houses
All are 2-bed properties
Aggregate monthly rental income: £2,300
Aggregate annual rental income: £27,600
Aggregate gross yield 5.1%

Available upon request:

Portfolio breakdown
EPCs for all units
Note

We are currently awaiting the tenancy agreements from the landlord and will update the listing when received.

Summary:

2 x Semi-Detached House & 2 x Terraced House
8 bedrooms; 4 bathroom; 4 reception
Price: £540,000 Freehold
Rent: Rent: £2,300 pcm; £27,600 pa
Gross yield: 5.1%
Tenancy type: Varies
Tenancy start date: Varies
Tenancy end date: Varies
Deposit amount: TBC

VES-GL14-002

The documents relating to the property are the latest available at the date of listing. Certain documents may expire or become inaccurate over time.

Energy Performance Certificates

EPC 1

Steam Mills, Cinderford, Gloucestershire, GL14

Approximate location

NEAREST STATIONSDistances are straight line measurements from the centre of the postcode

  • Lydney Station8.6 miles
Mortgages
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Market information
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About the agent

Vesta, London

Aston House, Cornwall Avenue, London, N3 1LF

Vesta, London
Vesta. A simpler way to buy. A smarter way to sell
Marketplace for residential investment property 

Vesta is the marketplace for buying and selling rental property

  • Most properties are sold tenanted, meaning you earn rental income from day one and the tenant gets to stay at home.
  • All properties come with rental, yield and tenancy information, including rental history for absolute clarity.
  • Investment guides and property management services avail
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Disclaimer - Property reference VES-GL14-002. 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 Vesta, 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.

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