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2 bedroom cottagePriest Lane, Pershore, WR10 1EB

£80,000

Listing Description


INVESTMENT OPPORTUNITY ONLY – LEASE LENGTH 20 YEARS - RENEWAL UNLIKELY – CASH BUYERS ONLY – POTENTIAL RENTAL INCOME OVER THE 20 YEARS IS CERCA £290,000 – TWO COTTAGES FULLY RENOVATED IN 2014 2 Cottages; 16 & 16a Priest Lane, Pershore, with one combined lease and a current Annual Income of £10,800 and a Rental Yield of 10.5%, open to cash buyers only. A rare option to acquire the lease for two fully renovated charming properties located within a highly desirable central position within Pershore. Due to the lease length being 20 years, this can only be an investment open to a lucky few. The two properties have been rented out for the last four years and have great investment potential. The lovely period building is thought to date back to the 1800’s. It has been extended in the 1970's and renovated in 2014 to make two well presented dwellings. It benefits from a fresh neutral décor, new carpets , kitchens and bathrooms. Both properties have been rewired and fitted with gas central heating.

Features


    Address
    Priest Lane, Pershore, WR10 1EB
    Price
    £80,000
    Bedrooms
    2
    Bathrooms
    2
    • 2 Bedrooms
    • Superb Investment Opportunity
    • Two Properties Ideal To Rent
    • Fully Renovated With A Fresh Neutral Decor
    • New Gas Central Heating With Worcester Bosch Combi Boilers
    • Allocated Parking
    • Lovely Central Position Within The Town
    • No Onward Chain - Cash Buyers Only
    • Current Annual Income Potential of £10,500
    • Potential Rental Yield of 10.5%

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    Your property price

    £275,000

    High street agent (1.3%)
    £4,290

    Purplebricks fixed fee (0.47%)

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    £2,991

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