Swinemoor Lane, Beverley, East Riding Of Yorkshire

An excellent opportunity to acquire a smart, modern and beautifully presented one-bedroom bungalow in a convenient Beverley location. Compact, extremely manageable and currently income producing, the property represents a particularly attractive proposition for buy-to-let investors, while equally suiting a single occupant, first-time buyer or downsizer.

The property is currently let at £550 pcm, however, in our opinion the accommodation is capable of achieving a minimum of £650 pcm in the current rental market, equating to a potential gross yield of approximately 6.5% based on a purchase price of £120,000.

The existing tenant is currently in occupation but is on notice with a view to an onward move. For investors purchasing the property who subsequently require a new tenant, HUGHES & CO will re-let the property free of charge, providing an additional incentive and helping make the transition into ownership as straightforward as possible.

Internally, the bungalow is exceptionally well presented throughout. The accommodation extends to approximately 28 sq m (301 sq ft) and makes clever use of the available space, with an open-plan kitchen/living room, separate double bedroom and modern shower room.

Outside is where this property really distinguishes itself. The bungalow benefits from off-road parking, while the private enclosed garden has been superbly presented to create a surprisingly impressive outdoor space. Extensive paved seating areas, established planting, raised borders and attractive landscaping provide a low-maintenance garden that feels like a genuine extension of the accommodation.

For an investor looking for an affordable, low-maintenance property in Beverley with an established rental history and scope to increase the existing income, 71B Swinemoor Lane deserves serious consideration.

OPEN-PLAN KITCHEN / LIVING ROOM
A bright and cleverly arranged principal living space combining the kitchen and lounge into an attractive open-plan layout. The kitchen is fitted with a range of contemporary shaker-style wall and base units complemented by contrasting work surfaces, inset sink, integrated oven and hob with extractor above, and space/plumbing for a washing machine. The living area provides ample room for comfortable seating and benefits from French doors opening directly onto the private garden, bringing in excellent natural light and creating a particularly pleasant connection between the indoor and outdoor spaces.

BEDROOM
A well-presented double bedroom with space for a double bed and accompanying furniture. A further set of French doors opens directly onto the garden, providing plenty of natural light and another attractive feature rarely found in a property of this size.

SHOWER ROOM
Finished in a clean, contemporary style with extensive wall tiling and a modern suite comprising a walk-in shower enclosure, wash hand basin with vanity storage and WC.

OUTSIDE

PARKING
The property benefits from its own off-road parking area, a valuable feature for a property at this price point in Beverley.

PRIVATE GARDEN
A real highlight of the bungalow.
The enclosed garden has been thoughtfully landscaped to provide a stylish yet relatively low-maintenance outdoor retreat. Predominantly paved for ease of upkeep, the garden incorporates raised planted borders, mature shrubs and ornamental planting together with several areas suitable for outdoor seating and entertaining. The dark painted fencing and established greenery provide an attractive backdrop, while the garden's direct connection to both the living room and bedroom gives the property an excellent indoor/outdoor feel.

LOCATION
Swinemoor Lane is conveniently positioned within the highly sought-after market town of Beverley, providing good access to the town's extensive range of shops, supermarkets, restaurants, cafés and everyday amenities.

Beverley remains one of East Yorkshire's most desirable locations and benefits from excellent road and public transport connections, making the property well placed for access throughout the wider region.

From an investment perspective, Beverley's consistently strong appeal to tenants, combined with the property's manageable size, parking, private outside space and excellent presentation, makes 71B Swinemoor Lane a particularly compelling addition to a rental portfolio.

INVESTMENT INFORMATION

Guide Price: OIRO £120,000
Current Rent: £550 PCM / £6,600 PA
Our Estimated Rental Value: Minimum £650 PCM / £7,800 PA
Potential Gross Yield at £120,000: Approx. 6.5%
Floor Area: Approx. 28 sq m / 301 sq ft
Occupancy: Currently tenanted; existing tenant is on notice with a view to an onward move.

Investor Incentive: Should the purchaser acquire the property as a buy-to-let investment and require a replacement tenant following the existing tenant's departure, HUGHES & CO will undertake the re-let free of charge.

EPC
C74

Tenure
Tenure is to be confirmed by the vendors solicitors however it is understood to be Freehold.

Council Tax
Tax band A and is payable to the East Riding of Yorkshire Council.

Floorplan
This Floor Plan including furniture, fixture measurements and dimensions are approximate and for illustrative purposes only. Hughes & Co gives no guarantee, warranty, or representation as to the accuracy and layout. All enquiries must be directed to the agent, vendor or party representing this floor plan.

Money Laundering Regulations
Prior to a sale being agreed, prospective purchasers will be required to provide identification documentation in order to comply with Money Laundering Regulations. Please note, a charge of £50 per person is payable to cover the cost of undertaking these identification and anti-money laundering (AML) checks. Your co-operation with this process is appreciated and will assist with the smooth progression of the sale.

Disclaimer
These particulars are produced in good faith, are set out as a general guide only and do not constitute, nor constitute any part of an offer or a contract. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. Any intending purchaser should satisfy him/herself by inspection of the property or otherwise as to the correctness of each of the statements prior to making an offer. No person in the employment of Hughes & Co has any authority to make or give any representation or warranty whatsoever in relation to this property.