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37-43, Fydell Street, Boston

£450,000

For Sale

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Property summary

Freehold

A Row Of 4 Three Bedroom Semi-Detached Properties

Potential Gross Yield of 11.5% Per Year

Three Bedrooms

Sold With Tenants In Situ

Close To The Town Centre

Gas Central Heating

UPVC Windows and Doors

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Get in touch

Joe McKue

Sales Manager

01205 359111

More about the property

An exciting opportunity to purchase a portfolio of four semi-detached houses, ideally located close to Boston town centre and a wide range of local amenities, making them an excellent investment opportunity. Offering the potential for an approximate 11.3% gross yield, with three of the four properties currently let on Assured Shorthold Tenancies (ASTs), this presents a straightforward purchase for investors looking to start or expand their portfolio.

All four properties benefit from gas central heating, UPVC double glazed windows and doors, valid EICRs and Gas Safety Certificates.

Each property offers well-proportioned accommodation comprising three bedrooms, lounge, dining room, kitchen and bathroom. Externally, all properties benefit from low-maintenance rear gardens.

With an established rental income already in place and the remaining property offering the opportunity to generate further income, this is an excellent investment opportunity in a popular rental location, conveniently positioned close to shops, schools, transport links and the amenities of Boston town centre.

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Further Information - tap an option below

Stonebow works with Pygott & Crone Estate Agents to provide their clients with expert mortgage and protection advice. Stonebow has access to over 12,000 mortgages from 90+ lenders, so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our clients have access to the latest deals available and receive a first-class service. We will take care of everything and handle the whole application process, from explaining all your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family.

Broadband

Below is an estimate of broadband speeds and availability at this property. This data has been sourced from Ofcom and should only be used as a guide. For more precise speeds and availability consult a broadband provider. NB: Mbps = Megabits (or "meg") per second.

Standard: Download: 15 Mbps / Upload: 1 Mbps or less

Superfast: Download: 80 Mbps / Upload: 20 Mbps

Ultrafast: Download: 10000 Mbps / Upload: 10000 Mbps

Stamp Duty Land Tax

Below is an illustration of the Stamp Duty Land Tax ("Stamp Duty") that would be payable, based on a set of assumptions. You should always check your stamp duty liability and any other costs due with your solicitor or conveyancer.

£12500 would need to be paid in stamp duty on purchasing this property, assuming that you are purchasing freehold, purchasing as an individual (or jointly with someone else), and this will be your only property.

First Time Buyers may claim a discount (relief) on purchases of £625,000 and under.

The stamp duty for first time buyers would therefore be £7500.