Two Midlands Residential Properties Valued at £560,000 with £30,000 Yearly Rental Income for Sale
Worcester, Worcestershire
- Status
FOR SALE
- Date Submitted:
22/08/23
- Advert ID
518549
- Reference
165575 / Rightbiz
- Call Agent:
- Freehold: £535,000
- Turnover: £30,000 (£577 Per week)
- Net Profit: On request
Key Features
- Offers Invited
Business Details
TWO RESIDENTIAL INVESTMENT PROPERTIES
Worcester.
Potential rental income of £30,000 per year.
One currently occupied with sitting tenant and the other fully available.
Both properties are Modern three-bedroom semi-detached houses constructed in 2010.
Combined valuation of circa £600,000. Located on a housing estate in close proximity to facilities such as schools, venues, and shops.
Fully managed service provided by a leading estate agent. Occupied property is by a reliable tenant.
Scope to renovate properties or convert to
HMOs in order to raise rental rate.
Offered for sale to facilitate executor responsibilities.
OIRO £535,000.
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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