FOR SALE
26/05/23
513812
RB10499B / Rightbiz
Alan J Picken are delighted to offer two excellent residential freehold investment properties, with secured lifetime leases, onto the market.
Both properties have pvc double glazing and gas fired radiator heating. Both boilers have been renewed in recent years.
Our client advises us that neither of the tenants have missed a single rent payment since the day they purchased the properties, and both are on lifetime leases (not AST’s).
Residential Freehold Investment Property- Bradford, West Yorkshire £125,000
The property is traditional cavity wall construction under a tiled roof.
Briefly comprising, ground floor kitchen, separate dining/study and large lounge with patio doors leading to garden. Upstairs, 3 bed rooms (2 double, 1 single) and family shower room.
Residential Freehold Investment Property- Gainsborough, Lincolnshire £100,000
The property is non-traditional construction; our client believes steel frame and concrete panel under a steel frame roof clad with lightweight steel cladding. The steel cladding was completely renewed with Council approval in April 2011 following storm damage and the roof void subsequently insulated.
Rental Income:
Total income from both properties circa £14,592 producing a yield of in excess of 6%.
Bradford- Passing rent £677 pcm with RPI review in June 2023, tenants in situ since 2008
Gainsborough- Road Passing rent £539 pcm with yearly RPI review, tenants in situ since 2007.
Request full details today!
Residential Freehold Investment Properties £225,000
Reference. RB10499B
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.
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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.
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.'.
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.
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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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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