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2 bedroom end of terrace house for sale
Rochester Road, ME1
£265,000
Rochester Road, ME1
£265,000
Price History
Initial price | £300,000 |
19/09/24 | £280,000 |
27/09/24 | £275,000 |
04/10/24 | £270,000 |
10/10/24 | £265,000 |
17/10/24 | £260,000 |
24/10/24 | £255,000 |
31/10/24 | £278,000 |
07/11/24 | £275,000 |
14/11/24 | £270,000 |
20/11/24 | £265,000 |
Price Change | -11.67% |
Description
This 2-bedroom end of terrace property in Burham, Rochester, is an excellent investment opportunity for those looking to expand their portfolio. The property is well-maintained and features two spacious bedrooms, a three-piece bathroom, parking space, garden ground space, lounge, and kitchen. Currently, the property generates an annual gross income of £15,600, which could be increased to a market rate of £24,000 with long-term tenants already in situ. The tenants have been in the property for several years and have consistently paid their rent, with no intention to move out. The property's investment potential is highlighted in the Let Property Pack, and the vendor is committed to facilitating a smooth transaction process to ensure a successful sale.