2 bed End of Terrace House

Guide Price £230,000

Emsworth Close, Bury St Edmunds

FOR SALE
Property Description

INVESTMENT BUYERS OPPORTUNITY
A well-positioned freehold investment opportunity in Bury St Edmunds: this two-bedroom end-of-terrace house is offered for sale with a tenant in situ and is available to investment purchasers only.

This property provides one reception room, two bedrooms and a bathroom, complemented by a garden, single garage and driveway parking for three vehicles in total. With an existing rent of £950 pcm (£11,400 per annum), and market value of £1,215 the asking price represents an approximate gross yield of 5.0%, with the potential to increase this to 6.33% before management, finance, maintenance, insurance, void periods and other ownership costs.

The property is professionally managed, and the seller confirms that current landlord compliance requirements are in place. Purchasers should satisfy themselves as to the tenancy agreement, compliance documentation, management arrangements and all associated costs as part of their due diligence.

Emsworth Close is positioned within Bury St Edmunds, a well-established Suffolk market town with an appealing combination of everyday amenities, historic character, retail, hospitality and leisure provision. The town centre is known for its independent businesses, shopping, food and drink offer, cultural venues and Abbey Gardens, helping to underpin its broad appeal to tenants and owner-occupiers alike.

The location also offers practical connectivity for tenants. With local bus stops from approximately 0.07 miles away and a rail-station entrance at approximately 0.91 miles. A range of primary, secondary and further-education settings is also recorded within around 1.5 miles.

Map
Show Map
Property Search
Marketed By

Shires Residential (Bury St Edmunds)

9 Guildhall Street
Bury St Edmunds
Suffolk
IP33 1PR

01284 760770

Contact Agent
Powered by Apex27