A fantastic opportunity to purchase a three bedroom, semi detached property with tenants in situ, offering a rental yield of *7.43%. The property is conveniently located on the outskirts of Stonehouse town providing access to amenities and transport links. The property is of non standard construction and is only available to cash buyers. CHAIN FREE.
*The yield is based on the asking price
- Investment Purchase with Tenants in Situ
- Three Bedroom Semi Detached
- Utility Room with WC
- Front and Rear Gardens
- CHAIN FREE
The property is located just on the outskirts of Stonehouse town, which is within close proximity of local facilities and amenities. Local facilities in Stonehouse include a Co- Op with a Post Office, restaurants, primary and secondary schools and Stonehouse train station which has a main line to London (Paddington Station). The property is approximately, 2.6 miles of Junction 13 of the M5 motorway, providing access to Gloucester, Cheltenham and Bristol.
From our office in Stonehouse, turn left onto the High Street and proceed through the town. Just before the railway bridge, turn left onto Elm Road and continue until you reach the T junction. At the T junction, turn left onto Park Road and follow the road round. Then turn left onto Festival Road, then right onto Willow Road and the property will be found shortly afterwards on the right hand side with our "For Sale" board outside.
ON THE GROUND FLOOR
Porch (1.53 x 1.26)
Tiled flooring, windows to side elevations.
Stairs to first floor, electric heater.
Living Room (4.54 x 3.69)
Double glazed window to front elevation, inset fireplace.
Kitchen (4.31 x 2.76)
Double glazed window to rear elevation, a range of wall and base units with roll top work surface over, inset one bowl sink, space for under counter appliance, space for washing machine, dishwasher and freestanding cooker, tiled splash backs, electric heater, under stairs cupboard, door to:
Lobby (1.45 x 1.19)
Door to garden, door to:
WC (1.19 x 0.89)
WC, wash hand basin, electric heater, tiled splash backs.
Utility Room (4.21 x 1.00 > 1.53 x 1.52)
Two windows to side elevations, space and plumbing for tumble dryer.
ON THE FIRST FLOOR
Electric heater, access to loft via hatch.
Shower Room (1.94 x 1.53)
Double glazed window to rear elevation, shower cubicle, wash hand basin and vanity unit, WC, tiled splash backs, electric heater.
Bedroom One (4.72 x 2.61)
Double glazed window to front elevation, fitted cupboards.
Bedroom Two (2.61 x 2.52)
Double glazed window to rear elevation, fitted cupboard.
Bedroom Three (2.64 x 1.99)
Double glazed window to front elevation, electric heater, fitted cupboard.
The front of the property is currently laid to lawn with a pathway to the front door. There is also gated side access to the rear garden.
The rear garden is currently laid to patio with steps up to further patio area. There is a useful workshop which has power and lighting.
Workshop (4.61 x 2.14)
Power and lighting.
This property is Reema construction (hollow panel) and is built using prefabricated reinforced concrete panels. Due to it non standard construction type it is not currently possible to get a mortgage on it.
All mains services are believed to be connected to the property.
Stroud District Council; Tax Band A- £1,101.63 (2017-2018).
Energy Performance Rating
The Energy Efficiency Rating is currently E39, with a potential of C75.
Disclaimer: These particulars do not form part of any contract and no responsibility is accepted for any errors or omissions in any statement made, whether verbally or written for or on behalf of Naylor Powell.
Floorplans have been prepared for identification purposes only, they are not to scale and no guarantee can be given as to their accuracy.
Prospective purchasers please be aware none of the appliances, boiler, heaters etc. which may have been mentioned in these particulars have been tested and no guarantee can be given that they are in working order. Prospective purchasers should arrange for such items to be tested at their own expense.