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Skirbeck Road, Boston, Lincolnshire, PE21 6DG

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • Suitable for investors and owner occupiers alike
  • Freehold two bedroom terraced
  • Vacant possession
  • Enclosed rear yard
  • Two reception rooms
  • Fully fitted kitchen
  • Scope to add value
  • Off road parking

Description

An appealing opportunity to purchase this two-bedroom freehold terraced property, offered for sale with vacant possession and no onward chain, making it suitable for both investors and owner occupiers alike.

Previously achieving a rental income of £750 per calendar month, the property offers an impressive potential gross yield of approximately 8.57%, presenting an appealing proposition for buy-to-let investors looking to expand their portfolio. The property also offers potential to appeal to student tenants, subject to the necessary permissions and requirements, being located on the same road as Boston College.

The accommodation provides well-proportioned living space and offers scope for a purchaser to add their own personal touch. Whether you are seeking an investment opportunity with strong rental potential or a home to make your own, this property represents a versatile chance to acquire a freehold two-bedroom terraced house, benefiting from off road parking, enclosed rear yard and two reception rooms.

Located on Skirbeck Road, the property benefits from being within easy reach of Boston town centre and local amenities, including shops, schools, transport links and educational facilities.

Offered with vacant possession, the property provides flexibility for a wide range of buyers, including investors, first-time buyers and owner occupiers. With its strong rental potential, convenient location and scope for future enhancement, this property is expected to attract significant interest. Early viewing is highly recommended.

Financial Breakdown

Gross Rent: £9,000.00
Net income: £9,000.00
Gross yield: 8.57%
Net yield: 8.57%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-08589
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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
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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Skirbeck Road, Boston, Lincolnshire, PE21 6DG

Approximate location

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Affordability

Monthly repayments£527
Property: £ 105,000
Deposit: £ 10,500
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartments in some of the UK's best rental markets. Whatever your requirements, yieldit has the perfect investment (or buyer) for you!

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Disclaimer - Property reference YL-08589. 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 yieldit, Manchester. 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.