NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
REF_HKI3096
LEASE OPTION
PRICE REDUCTION
Option Price:
Term:
Option Deposit:
Option Payments:
NET Profit (PCM):
EST. NET PROFIT PA:
YEILD:
£40,000
7 Years
£1
FREE
£360
£4320
12%
Hotkey Invest are proud to present this fantastic 7 year lease option Hartlepool.
The option to purchase is set over 7 years, which allows you to secure the property at today’s option price without finance for the option term. This enables you to benefit from potential capital growth as well as surplus rental income during the term.
This end of terraced house comprises or 2 bedrooms, a kitchen, bathroom and lounge area.
The property is in need of a full refurbishment circa £10,000. Hotkey invest have negotiated no monthly option payments to be paid during the full 7 year term in order to assist with the refurbishment costs.
Similar property's in good condition are currently marketed at CIRCA £75,000+.
This gives you 7 years to build extra equity in the property while benefiting from surplus rental income.
We believe once the work has been completed on the property it would rent for £431.
This property lies within a sea front town close to local city centers.
Hartlepool is a port town and the main administrative center of the Borough of Hartlepool in County Durham, England. The town lies on the North Sea coast, 8 miles north of Middlesbrough and 20 miles south of Sunderland.
KEY FEATURES
2 bedrooms
Close to local amenities
Close to local primary schools
Fantastic Transport access
7 year Term
13% Yield
Fully Assignable
FINANCIALS
(based on single family let)
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