Property Brief
Tenanted three-bed semi-detached house on Kingswood, HU7. The ground floor comprises of an entrance hallway with w/c, living room and kitchen. Access to the rear garden via the kitchen. The first floor includes three bedrooms and a family bathroom. The property also benefits from two off-street parking spaces via a front driveway.

Condition Report
The property is in good condition throughout with the tenants taking good care of the house. No works required.

Rental Information
Current rent: £675 pcm
Market rent: £825 pcm
Tenancy agreement: Assured shorthold tenancy
Tenancy start date: December 2021

Current tenant is happy to remain in the property and has no history of arrears.

Comparables
The 2 most recently sold 3-bed semis within the postcode sold for £187,000 and £170,000 respectively.

Compliance
Electrical certificate (EICR): Test date June 2021
Gas safety certificate: Test date 14th Feb 2025 
EPC rating: D (potential B)
Council Tax Band: B

Figures
Estimated upfront costs below:

Deposit = £38,750
Stamp duty = £7,750
Broker fee (Est.) = £495
Solicitor fee (Est.) = £1,200
Ultralets fee = £2,790

Total = £50,985

Current yield is 5.2% (or 6.4% based on market rent).

Buyer Disclaimer - https://bit.ly/3CzncNu

To speak to our in-house Mortgage Advisor, call the office on 01482 562562 and ask to speak to Jack Newton.