NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
REF_HKI3104
LEASE OPTION
OPTION PRICE:
OPTION PAYMENTS PCM:
OPTION DEPOSIT:
TERM:
EST. NET PROFIT PCM:
EST. NET PROFIT PA:
YIELD:
*2 Year Rent Free Period*
£43,000
See below
£1
10 YEARS
£414
£4968
10%
Hotkey Invest are proud to present this fantastic 10 year lease option in Blyth, Northumberland.
The option to purchase is set over 10 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 property has a 2 year rent free period after this the option payments will be £85.
This property is fully assignable at any time throughout the 10 year term.
Please note the financials for this property are based on the 2 years rent free period after this the Monthly option payments will need to be taken into consideration.
This freehold mid terraced property comprises of 2 bedrooms, a kitchen, bathroom and lounge area.
We understand the property is currently untenanted.
We believe the property would benefit from a small renovation.
Full quotation on renovation works available on request.
However we believe once rented out this could be rented out at £450pcm
Blyth is a lovely sea front town with this property just streets away from the sea.
Blyth is a town and civil parish in southeast Northumberland, England. It lies on the coast, to the south of the River Blyth and is approximately 13 miles northeast of Newcastle upon Tyne. It has a population of about 37,000, as of 2011
KEY FEATURES
Freehold
2 bedrooms
Fully Assignable
Great Location
13 Miles to Newcastle
£1 option Deposit
10% Yield
4 Year Term
FINANCIALS
We insist any interested parties must satisfy themselves as to the accuracy on any information they receive by carrying out independent assessments or otherwise before making any commitment to participate. Click here for full disclaimer