29 and 29a Rawmarsh Hill, Parkgate, Rotherham, South Yorkshire S62 6DP
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
4
- BATHROOMS
2
- SIZE
Ask agent
- 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
Description
Auction Commencing on Monday 16th November at 1pm and ending 24 hours later on Tuesday 17th November from 11am with Auction House South Yorkshire.
Please register to bid via our website - auctionhouse.co.uk/southyorkshire
FREEHOLD INVESTMENT! Two well-maintained, two-bedroom apartments, both let to established tenants with no rent arrears, generating £7,800 per annum. An excellent ready-made buy-to-let investment!
An excellent opportunity for investors and landlords to acquire a substantial freehold property comprising two self-contained, two-bedroom apartments, both currently let to well-established tenants and generating an immediate rental income.
Both apartments have been well looked after by their respective tenants, with rental payments fully up to date and no outstanding rent arrears, offering prospective purchasers the reassurance of established tenancies and an existing income stream from completion.
Each apartment provides accommodation comprising a living room, fitted kitchen, two bedrooms and bathroom facilities. The properties benefit from gas central heating, double glazing and well-proportioned accommodation throughout.
Externally, the property benefits from an enclosed, low-maintenance paved rear garden.
Both apartments are currently let at £325 per calendar month each, producing a combined rental income of £650 per calendar month (£7,800 per annum).
The property offers an attractive investment opportunity, with two established tenancies, a history of rental payments being maintained and potential for future rental growth, subject to market conditions and tenancy arrangements.
Conveniently situated in Parkgate, the property is within easy reach of local amenities, Parkgate Shopping Park, Rotherham town centre and excellent transport connections towards Sheffield and the surrounding areas.
An ideal turnkey investment for landlords seeking an established, income-producing freehold property with reliable, long-standing tenants already in occupation.
Tenure: Freehold
EPC Rating: D
Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
- 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.
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- 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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Energy performance certificate - ask agent
29 and 29a Rawmarsh Hill, Parkgate, Rotherham, South Yorkshire S62 6DP
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Visit our security centre to find out moreDisclaimer - Property reference 202610291819sq_xe06. 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 Auction House, South Yorkshire. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, South Yorkshire on 0114 697 5583.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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