Swallowdale Road, Melton Mowbray, Leicestershire

£170,000
SSTC
This property listing is now SSTC

3 Bedroom Terraced House for sale in Leicestershire

3
  • Three Bedroom Home
  • Spacious Accommodation
  • Investment Purchase
  • Annual Rent of £9,780 with a Gross Yield of 5.75%
  • Long Standing Tenants
  • Lounge and Separate Dining Kitchen
  • Downstairs WC and First Floor Bathroom
  • Energy Rating C
  • Tenure Freehold
  • Council Tax Band B

An ideal investment property having been let to the same tenant for many years at an annual rent of £9,780. At the purchase price this represents a yield of approximately 5.75% gross. The freehold interest in the property is being sold with the tenants in situ. The property benefits from uPVC double glazing throughout, a recently installed Worcester Bosch gas central heating boiler and an upgraded electricity consumer unit. On the ground floor there is an entrance hall with downstairs WC, lounge and a spacious open plan living dining kitchen overlooking the garden. On the first floor the central landing leads to three bedrooms and a bathroom. Outside there are low maintenance front and rear gardens with a brick outbuilding and parking is on street. The property has neutral decoration throughout.

Entrance Hall With access via half glazed uPVC door into entrance hall with staircase rising to the first floor landing, modern consumer unit installed in 2021, large built-in storage cupboard, small built-in cupboard and doors off to:

Cloaks WC Fitted with a toilet, wood laminate floor and uPVC window to the front.

Lounge A sizeable lounge with wide uPVC window to the front and boarded over fireplace.

Dining Kitchen A sizeable living dining kitchen which is naturally light having two uPVC glazed windows and half glazed door leading out to the rear garden. The kitchen comprises a range of fitted wall and base units with laminate worktops and stainless steel sink. There is space for a freestanding cooker with gas connection, washing machine and fridge/freezer. Tiled splashbacks to the walls and vinyl floor. Within the dining area there is a carpeted area, large built-in storage cupboard and door leading to the rear garden.

Landing With access to the loft space, built-in cupboard housing the recently installed Worcester Bosch gas central heating boiler and also provides for further storage. Doors off to:

Bedroom One A sizeable double room situated at the front of the property with exposed wood flooring and uPVC window.

Bedroom Two A second double room overlooking the rear garden with wide uPVC glazed window.

Bedroom Three A third single room overlooks the front garden with built-in storage cupboard over the stairs.

Bathroom Fitted with a three piece suite comprising panelled bath, wash hand basin and WC with tiled splashbacks to the walls and wood effect vinyl flooring. There is an onscure glazed window to the rear.

Outside to the Front The property has established hedgerows to the boundaries with pathway leading to the front entrance door and lawned front garden. There is on-street parking situated at the front of the property.

Outside to the Rear The property has a low maintenance rear garden with a patio and access to an outdoor brick built store with pathway leading to a gated rear access with lawn either side, hard standing for a timber shed and combination of timber and wire fencing to the side boundaries.

Extra Information To check Internet and Mobile Availability please use the following link:
checker.ofcom.org.uk/en-gb/broadband-coverage
To check Flood Risk please use the following link:
check-long-term-flood-risk.service.gov.uk/postcode

Important Information

  • This is a Freehold property.

Property Ref: 55639_BNT241103

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