Foyers Way, Riverside, Chesterfield OIRO £150,000

An excellent opportunity to acquire a modern two bedroom town house in this desirable location, providing an excellent investment opportunity being sold with a long standing tenant in situ providing a yield of just under 5%.

20 Foyers Way
A modern mid-terraced three bedroom townhouse situated in this popular residential location, on a quiet cul-de-sac yet within walking distance of the town centre and the train station.

The property is being sold as an excellent investment opportunity, Bothams having managed the property for almost 19 years and able to provide a full history. The current tenant has been in occupation since September 2016. A modern property, this provides a good value opportunity in terms of compliance with the latest regulations for energy performance and a modern property ideally suited to rental.

The current rent is £7260 per annum, which represents a yield of just under 5%.

The Accommodation
The property offers deceptively spacious accommodation, and briefly comprises:

-Entrance hall with WC off and storage under the stairs.
-Kitchen with integrated appliances (please contact our office for further details as some may belong to the tenants).
-Large full width lounge with patio doors into the rear garden.
-Large main bedroom with built in wardrobes.
-A further well-proportioned second bedroom.
-Family bathroom, with a shower over the bath.

Outside the property has designated parking to the front, and a low maintenance south facing rear garden.

Material Information
Conventional masonry construction
uPVC double glazed windows and doors
Gas central heating (Condensing Combi Boiler) - Worcester Bosch Greenstar 30i
As far as we are aware the property is connected to and served by all of the mains services including electricity, gas, water and drainage.
Gross internal floor area - 58.1 sq.m./ 625 sq.ft.
Council Tax Band - B
EPC Rating - C
Currently let - the tenant has been in occupation since August 2023, and is now holding over on a periodic tenancy following on from the initial AST. The current rent is £7260 per annum.
Freehold - Title Reference DY359846