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3 bed property, in Jefferson Road, £160,000
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3 bed terraced house

Jefferson Road, Sheerness ME12
£160,000
Cash BuyersFreehold

The property is a freehold property arranged as two self-contained 1 bedroom flats, with long-term tenants in situ who pay a combined £1,346 per month in rent. The property generates a gross yield of 10.1% and has an immediate rental income of £16,152 per year. The property has operated in this arrangement for over 20 years, has no rent arrears, and includes two EPC certificates, two electrical installation certificates, and two gas safety certificates. It is a potential conversion back to a traditional three-bedroom house layout.