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Winsover Road, Spalding

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

2

SIZE

861 sq ft

80 sq m

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.

Freehold

Key features

  • INVESTMENT OPPORTUNITY
  • TENANTS IN SITU
  • CURRENT RENTAL INCOME OF £850 PCM (£10,200 PER ANNUM)
  • THREE BEDROOMS
  • LOUNGE AND SEPARATE DINING ROOM
  • REFITTED KITCHEN/BREAKFAST ROOM
  • GROUND FLOOR CLOAKROOM
  • FIRST FLOOR FAMILY BATHROOM
  • GAS CENTRAL HEATING
  • CONVENIENT TOWN CENTRE LOCATION

Description

An excellent investment opportunity to acquire this three-bedroom mid-terrace property, conveniently situated within Spalding town centre. Being sold with tenants in situ and currently achieving £850 per calendar month (£10,200 per annum), the property offers an established rental income. Accommodation comprises a lounge, separate dining room, refitted kitchen/breakfast room, ground floor cloakroom, three bedrooms and family bathroom, together with an enclosed rear garden.

Summary - Sedge Estate Agents are pleased to offer for sale this three-bedroom mid-terrace property, ideally situated within Spalding town centre and conveniently positioned for local amenities and facilities.

Being sold with tenants in situ, this property presents an excellent opportunity for landlords and investors looking to acquire an established rental property with an income already in place. The property currently achieves £850 per calendar month, generating an annual rental income of £10,200.

The accommodation is arranged over two floors and briefly comprises a lounge, separate dining room, refitted kitchen/breakfast room, rear hallway and ground floor cloakroom. To the first floor are three bedrooms and a family bathroom.

Externally, the property benefits from a gated side passage leading to an enclosed rear garden, featuring a patio area and mature flower and shrub borders.

Conveniently located close to Spalding town centre and its range of shops, amenities and transport links, this property offers an appealing addition to an investment portfolio.

ACCOMMODATION

LOUNGE

13' 3" x 10' 2" (4.04m x 3.10m)

UPVC double glazed window to the front elevation and radiator.

DINING ROOM

13' 3" x 9' 2" (4.04m x 2.79m)

Stairs rising to the first floor landing and radiator.

KITCHEN/BREAKFAST ROOM

15' 6" x 13' 9" (4.72m x 4.19m) (L-shaped, maximum measurements)

Fitted with a range of refitted base and wall units, sink unit with mixer tap, built-in oven, hob and canopy-style cooker hood. Space for washing machine and tumble dryer. UPVC double glazed window and door overlooking and leading to the rear garden, together with radiator.

REAR HALLWAY

Door providing access to the side elevation and radiator.

CLOAKROOM

Fitted with a two-piece suite comprising WC and wash hand basin.

FIRST FLOOR LANDING

Doors leading to all first floor accommodation.

BEDROOM ONE

10' 6" x 10' 4" (3.20m x 3.15m) (L-shaped, maximum measurements)

UPVC double glazed window to the front elevation and radiator.

BEDROOM TWO

10' 4" x 6' 1" (3.15m x 1.85m)

Feature arched window to the front elevation and radiator.

BEDROOM THREE

10' 4" x 5' 11" (3.15m x 1.80m)

UPVC double glazed window to the rear elevation and radiator.

BATHROOM

Fitted with a three-piece suite comprising WC, wash hand basin and panelled bath with mixer tap and shower attachment. Window to the rear elevation, radiator and boiler cupboard housing the boiler which provides domestic hot water and central heating.

OUTSIDE

A gated side passage provides access to the rear garden, which is enclosed by fencing and benefits from a patio area together with mature flower and shrub borders.

INVESTMENT INFORMATION

Current rental income: £850 PCM
Annual rental income: £10,200
Tenancy: Property sold with tenants in situ.

Brochures

Winsover Road, Spalding
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: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
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

Winsover Road, Spalding

Approximate location

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Affordability

Monthly repayments£725
Property: £ 145,000
Deposit: £ 14,500
Interest rate: 5.3%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Sedge Ltd, Spalding

Unit 1 11 The Crescent Spalding PE11 1AE
Industry affiliations:

Your Local Property Experts

We are in business to deliver results and aim to sell/let your property quickly and to as near to the asking price as possible. Striving for excellent customer service and a smooth customer journey throughout.

We pride ourselves on complete transparency in the way in which we conduct ourselves, our procedures and our business services and aim to continually build relationships within the local community enabling us to further network on behalf of clients. We are also open 7 days a week!

SEDGE Spalding offer clients a low fee structure giving you a great deal on selling your home, with no hidden or upfront costs like other agents Our package includes a floorplan, full photography, sale board (if req), window display (in rotation), local and nationwide advertising and all the usual marketing & customer service support you would expect from your high street agent. Talk to us first.

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Disclaimer - Property reference 35031866. 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 Sedge Ltd, Spalding. 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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