2 bed detached house for sale

Punchbowl Lane, Boston, Lincolnshire PE21

Punchbowl Lane, Boston, Lincolnshire, Pe21 8Hu

An attractive opportunity to acquire this two-bedroom freehold detached bungalow, offered with tenants in situ and producing an attractive 6% rental yield. Providing immediate rental income from completion, this is an ideal investment for landlords seeking a ready-made addition to their portfolio.

The property offers flexible and versatile accommodation, currently arranged as a three-bedroom home with one reception room, while originally designed as a two-bedroom bungalow with two reception rooms. This adaptable layout provides options for a variety of tenants and allows the accommodation to be configured to suit individual requirements.

The property comprises a spacious living area, fitted kitchen, three bedrooms (currently arranged), and a family bathroom. Well maintained throughout, the bungalow provides comfortable and practical accommodation with strong rental appeal.

Externally, the property benefits from generous front and rear gardens, along with parking, enhancing its appeal to tenants seeking single-storey living with valuable outdoor space.

Situated in a convenient location within Boston, the property is well placed for access to local amenities, shops, healthcare facilities and transport links, supporting continued tenant demand.

Offered with tenants in situ and generating a 6% yield, this freehold detached bungalow represents an attractive turnkey investment opportunity, combining immediate rental income with the potential for future capital growth.

Please note, lettings and management charges may apply and figures are representative of the property being self-managed.

Financial Breakdown

Gross Rent: £9,880.00
Net income: £9,880.00
Gross yield: 5.99%
Net yield: 5.99%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08587