TENANTED INVESTMENT PROPERTY - NOT SUITABLE FOR OWNER-OCCUPIERS<br /><br />Yieldit are pleased to bring to the market this excellent four-bedroom property which has been converted into a HMO, tenanted until December 2028 generating a NET income of £14,430 per annum which is an impressive 8.20% NET yield. The terraced property is newly refurbished to a high standard and compromises of an entrance hallway; two reception rooms; four good sized bedrooms; a modern fitted kitchen complete with appliances and a family bathroom. The property benefits from gas central heating, double glazing, a front and rear yard and is carpeted throughout. <br /><br />Ellesmere port is located in Cheshire which is just 6 miles north of Chester, 12 miles south of Birkenhead, 16 miles southwest of Runcorn and 11 miles south of Liverpool. It is home to several tourist attractions such as Cheshire Oaks, which is the largest designer outlet shopping village in the country, along with the Blue Planet Aquarium and the National Waterways Museum. It is also where Vauxhall’s only car factory in Britain is based and a massive £400m has been invested into the area from the likes of Regatta, DHL and Jaguar Land Rover. <br /><br />The property market in the area is showing no signs of slowing down, over the last year 204 transactions were recorded which is 60.7% higher than the national average of 189. In addition to this, the 2 year price growth in Ellesmere Port is 1.5 times higher than the national average (Mouseprice). Properties in Ellesmere Port had an overall average price of £188,203 over the last year and sold prices were 8% up on the previous year and 11% up on the 2017 peak of £169,348 (Rightmove). As figures demonstrate this investment opportunity is in the perfect area for property investment, enquire today and don't miss out on this lucrative opportunity.<br /><br /> Financial Breakdown<br /><br /> Gross rent: £13,978 <br /> Net income: £13,978 <br /> Gross yield: 8.2% <br /> Net yield: 8.2% <br /> <br /> IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.<br /><br /> <br /> <br /> yieldit ref: YL-17447