SOLD - SUMMER DEAL - Modern, Freehold, Tenanted, £130,000, £650 rent

Purchase Price	£130,000	Headline Return	6.0%
Rent	£650.00	Tenure	FREEHOLD

The hot weather brings a hot deal for someone but PLEASE be quick on this and get in touch with me straight away - richard.baker@belvoir.co.uk if you're interested. It's going on Rightmove later today at £135,000 and will disappear very quickly at that point. 

This is a 3 bed house in Alvis Court, NN3 which I visited yesterday. There's £140,000 of house here - the vendor is looking for a quick sale as he's trying to buy another, and it's been suggested £130,000 may be do-able - can't guarantee this though!

I saw the property yesterday. It's in GOOD CONDITION - bathroom is fairly new, kitchen has a good few years in it yet. The boiler looks dated, so I guess that will need an upgrade at some point - £2k for one of these with a 7 year warranty. Apart from that, at change of tenancy it will need only cosmetic stuff - like every rental property. It's on a good corner plot too.
It's TENANTED ALREADY - nice couple - want to stay on. They are paying £650 per month. You could buy it with them in it.