Initial price	£120,000
22/05/24	£115,000
02/08/24	£110,000
16/09/24	£105,000
Price Change	-12.50%

This investment opportunity is a spacious 4-bedroom house located in the popular area of Newland Avenue, close to shops, restaurants, and with good bus links to the City Centre and University. The property features central heating and UPVC windows, and is currently let to a family at £650 per calendar month, exclusive of bills. The tenancy started in June 2021 and is a periodic tenancy, generating a total net rent of £7,800 per annum, with a net yield of 6.5%. The property also has a good-sized garden and is situated in Council Tax Band A. The Energy Performance Certificate (EPC) rate is D. The property is currently tenanted, and photos have been taken to protect the tenants' privacy and do not show their belongings.