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£150,000 Guide Price

4 bedroom Semi-detached house

Address 1 505410‚ Rotherham‚ S60

This property is marketed by: Michael Caster at Yopa Rotherham, Barnsley & Chesterfield
Key features
  • 4 bedrooms
  • Town centre location
  • Rented to social housing provider
  • EPC Band: D
Description

Offered to the market as an investment opportunity, this spacious four-bedroom property on Wellgate Mount, Rotherham is being sold with the existing tenant in situ, providing an immediate rental income from completion.

The property is currently let through a social housing provider, generating a rental income of £925 per calendar month, equivalent to £11,100 per annum. The existing agreement is in place until October 2028, making this an attractive proposition for investors looking for an established tenancy with income already being generated.

The accommodation is arranged over two floors. On the ground floor, the entrance hall provides access to a ground-floor bedroom, previously used as the lounge, together with a separate dining room and kitchen to the rear.

To the first floor are a further three bedrooms and the family bathroom, creating a versatile four-bedroom layout particularly well suited to the property's current use.

Situated on Wellgate Mount (S60 2LY), the property is conveniently positioned for access into Rotherham town centre and a range of local amenities, transport links and surrounding employment areas.

The property is not being offered with vacant possession and is therefore primarily suited to landlords and investors looking to acquire an income-producing property with an established arrangement already in place.

Key Features: Four-bedroom investment property; sold with tenant in situ; currently let through a social housing provider; £925 PCM current rent; £11,100 annual rental income; existing agreement running until October 2028; three first-floor bedrooms plus ground-floor bedroom; separate dining room and kitchen; established income from completion; investment purchase.

Disclaimer

Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.

Money Laundering Regulations

Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

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Location

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Towns covered by Yopa Rotherham, Barnsley & Chesterfield

Ackworth Moor Top, Airedale, Allerton Bywater, Altofts, Ardsley, Ashford-in-the-Water, Ashover, Athersley, Badsworth, Bakewell
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