Esale Estate Agent based in Harrogate

Sandersons Removals

Thursday, 26 November 2015

Harrogate Property News - 2 bed bungalow for sale Forest Way, Harrogate HG2

2 bed bungalow for sale Forest Way, Harrogate HG2





2 bed bungalow for sale Forest Way, Harrogate HG2

£190,000

Interested in this property? Call 01423 578939 or

Property features

  • Great long-term investment opportunity
  • Good potential for capital growth
  • Possibilities for extension and refurbishment in the future
  • Around 5% gross yield with low maintenance costs
  • Straightforward investment, owner wishes to sell and rent back

Property description

Investors! Investors! Come and have a look at this! A charming bungalow set in lovely gardens, with a long-term investment deal available that will yield around 5% gross on a rent-back arrangement with the current owner. Not to be missed! Call today to discuss the possibilities.

An unusual opportunity for a buy-to-let investor to purchase a solid, mature bungalow in a popular area with the benefit of an owner who wishes to rent back the property on completion on a long-term agreement that will produce a gross yield of around 5%.

The retired owner wishes to release equity to allow him to spend time with family abroad, but has a strong attachment to his home and does not wish to move, at least not for a number of years. The owner is capable and willing to look after the gardens and basic maintenance at the property within the terms of the agreement.

This property represents a clear opportunity to create a stable long-term income, with minimal ongoing costs, and excellent potential for future return on investment.

Surroundings
Forest Way is in the popular Forest Lane area of Harrogate, close to open countryside at Forest Moor and to shopping and the railway station at Starbeck.

Services
The property is connected to mains water, electricity, gas and drainage. Broadband internet is available in the area with speeds of up to 152Mb.

Directions
From Harrogate town centre follow Station Parade to the traffic lights and turn left onto the A59 York Place heading for Knaresborough. Take the second exit at the 'Empress' roundabout and continue on the A59. On crossing the railway crossing at Starbeck take the second right turn at the Co-operative shop onto Forest Avenue. After the allotments take the first turning right onto Forest Rise, and at the t-junction turn left onto Forest Way. No 19 is on the right side where a member of our staff will be waiting.


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Property info


For more information about this property, please contact
Alexander Gibson, HG1 on 01423 578939 (local rate)