NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
REF_HKI3129
LEASE OPTION
REVISED TERMS
Option Price:
Market Value:
Discount:
Term:
Option Deposit :
Option Payments:
NET Profit (PCM):
EST. NET PROFIT PA:
YIELD:
*12 Months Payment free period*
£50,000
£70,000
29%
5 Years
£1
£130
£238
£2856
14%
Hotkey Invest are proud to present this fantastic 5 year lease option in Wheatley Hill , County Durham.
The option to purchase is set over 5 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 comprises of 2 double bedrooms a living area, bathroom and kitchen/breakfast area.
The property also benefits from a private garden.
Situated close to local amenities and main road access.
The property has recently had a full refurbishment and needs a few minor jobs finishing including a couple of roof tiles replacing from a recent storm and the gas and electric meters fitting from the utilities company - this has no cost to yourselves just a phone call to install.
A very similar property within 0.02 miles is currently on the market for £70,000 giving you an estimated 29% discount below market value.
Hotkey Invest have negotiated a 12 month payment free period in order to assist in the handover period.
For more information please contact a member of the Hotkey invest team.
Wheatley Hill is a village in County Durham, in England. It is situated to the west of Peterlee, near Thornley and Wingate. Wheatley Hill
KEY FEATURES
5 Year Term
Lease option
14% Yield
Great Location
Freehold
Private Courtyard
29% below market value
A
FINANCIALS
(based on single family let)
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