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Front property outside
Reception room
Kitchen
Bedroom
Outside
Outside
EPC
1 of 7

Opportunity to buy 1-bed investment property in Barnsley generating £4,740 pa and a yield of 7.9%

£60,000
Apartment
VES-S72-649

Financials

Rental Income

GROSS RENT PER ANNUM

£4,740

Rent per annum is the total sum of annual income before expenses, charges or voids.

GROSS RENTAL YIELD

7.9%

Gross rent per annum divided by the purchase price.

NET RENT PER ANNUM

£3,336

Gross rent per annum minus fully managed operating costs.

NET RENTAL YIELD

5.6%

Gross rent per annum minus fully managed operating costs divided by the purchase price.

FULLY MANAGED OPERATING COSTS

£1,404

The total estimated sum of expenses calculated annually assuming a fully managed service.

Click to understand assumptions.

This information is for illustration purposes only and does not constitute advice. It is correct at the time of writing. For advice specific to your personal circumstances, please speak to a financial adviser.

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Features

USE
Residential
TENURE
Leasehold
PRICE
£60,000
RENT PER ANNUM
£4,740
GROSS YIELD
7.9%

1 bedroom

1 bathroom

1 reception room

445

Unfurnished

Vacant

Leasehold Details

  • Length of lease: 125 years, start date 2007
  • Ground rent: £150 pa
  • Service charge: £650 pa

Tenancy Details

  • Rent: £395 pcm; £4,740 pa
  • Tenancy type: AST

Vesta has not visited the property and the marketing material has been provided by the vendor.

Tenancy

RENT PER ANNUM
£4,740
TENANCY DEPOSIT
£550
TENANCY TYPE
AST
TENANCY AGREEMENT STARTED
1 months ago
TENANCY AGREEMENT ENDS
Periodic

Floorplans

Floorplan

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

The information relating to the property is supplied by the vendor and the latest available at the date of listing.

Certain information may expire or become inaccurate over time and should be verified by the purchaser’s 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.

Barnsley Road,

Cudworth,

Barnsley,

South Yorkshire,

England,

S72 8FE

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