available

Eldon Street North, Barnsley, S71

£105,000

Description

  • Type: Terraced House
  • Bedrooms: 2
  • Bathrooms: 1
  • Reception Rooms: 2

This two-bedroom terraced house on Eldon Street North offers a compelling investment opportunity. With a current rental income of £661 per calendar month with an established local housing provider, there is a guaranteed monthly rental income from day one or alternatively the property can be offered with vacant possession stretching the appeal of this property to both investors and homeowners. The property is freehold and offered with no onward chain, making it an attractive proposition for investors seeking immediate occupancy or rental income.

The property features two reception rooms and is situated close to Barnsley Town Centre, offering convenient access to local amenities. The location provides an excellent balance between urban living and community feel, making it appealing for tenants or future resale. The secure housing association lease in place until April 2027 ensures stability and peace of mind for potential landlords.

With a projected return on investment of 9.4%, this property offers significant financial potential. The Energy Performance Certificate rating of D indicates moderate energy efficiency and manageable running costs for tenants. Given the demand in this price category and the property's promising ROI, interested parties should act swiftly to explore this opportunity further.

*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.

Location

EPC Graph