Harvester Lane, Beck Row : £200,000
ATTENTION INVESTORS! GD Estates are delighted to offer to the market this fantastic opportunity to invest in a 2-bedroom mid-terrace property on Harvester Lane in Beck Row. The property offers a gross yield of 6.9% and is beautifully presented. The internal accomodation comprises two-bedrooms (built in wardrobes to bedroom one) modern kitchen, living room, bathroom…
The village is located approximately 2.5 miles northwest of Mildenhall and 10 miles from the historic market town of Bury St Edmunds, which offer a wider range of educational, recreational and cultural facilities.
Beck Row provides easy access to the A11 and A14, connecting it to major towns and cities like Cambridge, Newmarket, and Norwich. Public transport options include bus services to surrounding areas.
ENTRANCE HALL The property enters into the internal hallway via composite part glazed door. Stairs to first floor. 1x Rad. Access to:
KITCHEN 8' 9" x 6' 5" (2.67m x 1.96m) Modern kitchen boasting a range of wall mounted and undercounter cabines beneath square edge worktops. Stainless steel sink with drainer and mixer tap over. Intergrated electric oven and electric hob with extractor over. Space and plumbing for dishwasher/washing machine and fridge freezer. 1x uPVC window to front aspect.
LIVING ROOM/DINING ROOM 12' 5 (MAX)" x 13' 11 (MAX)" (3.78m x 4.24m) Light and airy living room with double uPVC patio doors to rear garden. Understairs storage. 1x Rad.
CLOAKROOM With Low level WC, pedestal wash hand basin. Obscure uPVC window to front aspect. 1x Rad.
LANDING Providing access to all of the first floor accomodation. Loft hatch.
BEDROOM 1 21' 1 (MAX)" x 9' 4 (MAX)" (6.43m x 2.84m) Double bedroom with two double built in wardrobes and airing cupboard. uPVC window to front aspect. 1x Rad.
BEDROOM 2 12' 1 (MAX)" x 7' 4" (3.68m x 2.24m) Second bedroom with uPVC window to rear aspect. 1x Rad.
BATHROOM 6' 4" x 6' 1" (1.93m x 1.85m) Well presented family bathroom boasting a three piece white sweet comprising paneled bath with mains shower, tile surround and shower over, Low Level WC and pedestal wash hand basin. Obscure uPVC window to rear aspect. 1x rad.
GARDEN To the rear the property offers a fully enclosed rear garden predominantely laid to lawn with paved patio and walk way to rear gate. There is parking for two vehicles.
SERVICES Solar panels fitted.
Mains electricity.
Mains sewerage.
Mains water.
TENURE The property is FREEHOLD and offered to the market with vacant posession.
TENANCY DETAILS USAF tenant in situ on a 12 month fixed term tenancy.
Monthly rent £1,150pcm.
Gross yield 6.9%
Holding Deposits:
A holding deposit, equal to 1 weeks rent, is payable upon the start of the application.
Successful Applications - any holding deposit will be offset against the Initial Rent and Deposit, with the agreement of the payee.
Fees, payable in accordance with the Tenant Fees Act 2019:
Unpaid Rent: Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s): Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (Inc. VAT) for the time taken replacing lost key(s) or other security device(s).
Variation of Contract £50 (Inc. VAT) per agreed variation. (To cover the costs associated with taking landlord´s instructions as well as the preparation and execution of new legal documents)
Change of Sharer £50 (Inc. VAT) per replacement tenant or any reasonable costs incurred if higher. (To cover the costs associated with taking landlord´s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination: Should the tenant wish to leave their contract early, they shall be liable to the landlord´s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Deposit:
A deposit equal to 5 weeks rent (6 weeks rent, where the annual rent greater than £50,000.00). The deposit and first month’s rent is payable once the references have been passed and before the tenancy begins.
GD Estates is a member of CMP Propertymark, which is a client money protection scheme, and also a member of TPOS (The Property Ombudsman Service), which is a redress scheme. You can find out more details on the agent’s website or by contacting the agent directly.
Contact Us for more details or to arrange a viewing.
