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Front Image outside
Outside Rear of house
Reception room 2
Reception room
EPC
1 of 5

Exceptional investment opportunity to buy a hands-off investment generating 6.9% yield

£275,000
Terraced House
VES-SG1-001

Financials

Rental Income

GROSS RENT PER ANNUM

£18,964

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

GROSS RENTAL YIELD

6.9%

Gross rent per annum divided by the purchase price.

NET RENT PER ANNUM

£14,846

Gross rent per annum minus fully managed operating costs.

NET RENTAL YIELD

5.4%

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

FULLY MANAGED OPERATING COSTS

£4,118

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.

Personalise the financial assumptions

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Features

USE
Residential
TENURE
Freehold
PRICE
£275,000
RENT PER ANNUM
£18,964
GROSS YIELD
6.9%

2 bedrooms

2 bathrooms

1 reception room

640

Unfurnished

Tenanted

It is let to a specialist housing provider on a 10 year full repair and insurance lease.

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

Tenancy

RENT PER ANNUM
£18,964
TENANCY DEPOSIT
£0
TENANCY TYPE
FRI Lease
TENANCY AGREEMENT STARTED
over 4 years ago
TENANCY AGREEMENT ENDS
1/11/2025

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 Stevenage, Hertfordshire

Stevenage is a town and borough in the county of Hertfordshire, situated approximately 28 miles north of the City of London.

This town is serviced by Stevenage Railway Station, which is around twenty minutes away via bus. This station is serviced mainly by ThamesLink and provides routes to London’s King Cross, Brighton, Peterborough and Cambridge. There is a service from Moorgate in London to Hertford.

Roaring Meg Retail Parkis located in the town center which has a selection of well-known department stores like Debenhams and other household names like Argos, Harveys and Furniture Village. Just up the road from here there is also a Cineworld Cinema Complex and Westgate Shopping Centre that features over 30 great stores including some of the biggest High Street names in the country such as H&M and River Island.

Stevenage is home to many large employers’ head offices such as GlaxoSmithKline, Airbus Group Ltd, Paddy Power Betfair and Fujitsu to name a few. The commute to London from this property is just under an hour and so this opens up a whole world of job opportunities in the capital.

Fairfield Way,

Stevenage,

Hertfordshire,

England,

SG1 6BG

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