Barnsley, S70 2EG | Investment Property for Sale | VES-S70-001

Opportunity to purchase an apartment in Barnsley generating £5,580 rent pa & gross yield of 10.2%

£55,000

Studio Apartment

VES-S70-001

INITIAL INVESTMENT

£17,900

Based on

deposit: £13,750

stamp duty: £1,650

mortgage fees: £1,500

conveyancing fees: £1,000

GROSS RENT

£5,580

GROSS YIELD

10.1%

ADD TO FAVOURITES

The property

TENANCY

Tenanted

TENURE

Leasehold

GROUND RENT

£300

SERVICE CHARGE

£876

0 bedrooms

1 bathroom

1 reception room

269

Unfurnished

--Please note that the vendor will only accept cash buyers.--

Leasehold information

  • Length of lease: 199 years
  • Year lease started: 2016

Property information

  • Studio apartment
  • Located on the first floor
  • Views from the apartment over the adjacent park
  • Property is managed by an agent
  • EPC rating C
  • Monthly rental income £465

Note

Please note that Vesta has not visited this property and that all material has been provided by the vendor.

The photos are of the show flat for illustration purposes only and not of the actual apartment.

Floorplans

Documents available on request, please contact for viewings or further questions.

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

About Barnsley, South Yorkshire

Barnsley is a large town in South Yorkshire situated halfway between Leeds and Sheffield accessible via junctions 36, 37 and 38 of the M1 motorway. The town center lies on the west bank of the Dearne Valley, offering stunning surroundings.

Barnsley is a characterful town in the heart of Yorkshire, offering a variety of entertainment opportunities such as The Parkway Cinema complex, rich history reflected in the historic buildings and events in the Cannon Hall and leisure and sports facilities.

Some of Barnsley’s big employers are Asos, global manufacturer Esco, Warwick Ward Ltd, XPO Logistics, Barnsley Council and many more.

Regent Street,

Barnsley,

South Yorkshire,

England,

S70 2EG

What makes us different?

Vesta’s sole purpose is to make buying and selling rental property easy for both landlords and tenants.

Benefits include:

  • Buy tenanted property
  • Huge choice for all budgets
  • View property performance data
Learn more >

Questions?

Our sales team is standing by to help.

Important Note

All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.

Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.

In no event will we be liable for any loss or damage, including without limitation any loss or damage arising directly or indirectly out of or in connection with the use of this website and the information contained therein.

Copyright © 2020 Vesta Global Limited. All rights reserved.