*TENANTED INVESTMENT - 7.6% YIELD*
*TENANTED INVESTMENT - 7.6% YIELD*
*Tenanted property - great for investors with long term tenant*
Three bedroom terraced house for sale on Morningside Place, L11. The property is situated in a small cul-de-sac off Morningside Road surrounded by local schools, variety of amenities and great transport links.
The property briefly compromises of hallway leading to two reception rooms and kitchen. First floor compromises of two double bedrooms, one single bedroom and family bathroom. Very large garden to the rear and large paved area to the front of the property. Gas central heating and mainly single glazed windows throughout.
The property does require some upgrades which is reflected in the price.
Current tenancy:
Long term tenant since 2008 on a rolling contract
Rent £700pcm
Offers in the region £110,000
Leasehold
Length of lease - 999 years from 28th April 1980 (955 years left)
Ground rent - Peppercorn if demanded
Council Tax Band - A
EPC Rating - D with a potential of a B
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