Details

Boydens are pleased to offer off-market this investment opportunity: This charming two-bedroom cottage is in the idyllic and picturesque village of Long Melford, with a pleasant lounge leading through to the kitchen, utility room, and ground floor bathroom, on the first floor there are two generous size bedrooms, to the rear the garden is of reasonable size which is ideal for some alfresco dining. This property has an abundance of potential for anyone who is looking for a cottage to enhance their lives.

Long Melford is a quintessential English village. Located in the picturesque Suffolk countryside, close to the Essex border. A location made famous by artists Thomas Gainsborough and John Constable. It was one of the main filming locations for the BBC's Lovejoy television series, with its lovely shops and restaurants.


Entrance Into:

Lounge: 11'8 x 11'6
Window to front aspect and door leading through to

Kitchen:11'7 x 8'9
Range of floor and wall units with stairs to the first floor and door leading through to

Utility Room: 9'7 x 4'2
With plumbing for washing machine and door to garden and storage cupboard

Bathroom: 6'3 x 6'1
Suite comprising of bath with shower over pedestal sink and WC, window to rear aspect

Bedroom 1: 11'9 x 11'7
Spacious room with window to the front aspect and built-in cupboard/wardrobe

Bedroom 2: 8'10 x 8'8
Window to rear aspect with pleasant views of the garden.

Purchase of this property is subject to a buyer's premium of 2% of the sale price, plus VAT.
There is an obligation to retain Boydens' management services for two years from the completion date.

Yields:
Curent rental price of £770 pcm, this property would generate a yield of 4.62% if purchased at £200,000
At an increased rental price of £895 pcm, this property would generate a yield of 5.37% if purchased at £200,000.

This investment opportunity is ideal for those looking to expand their portfolio with a property in a desirable location, offering a fair yield (with room for capital growth) and a stable tenancy.

CONSUMER PROTECTION FROM UNFAIR TRADING REGS INFORMATION :
Freehold
Council Tax B
Street Parking
Mains Water & Electric
Sewage Mains
Gas Central Heating
low risk of surface water flooding
very low risk of flooding from rivers and the sea