NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
REF_HKI3131
LEASE OPTION
Option Price:
Term:
Option Deposit :
Option Payments:
NET Profit (PCM):
EST. NET PROFIT PA:
YIELD:
*12 Months Payment Free Period*
£35,000
10 Years
£1
£130
£238
£2856
14%
Hotkey Invest are proud to present this fantastic 10 year lease option in Wheatley Hill , County Durham.
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 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 is in need of a refurbishment circa £10,000 in order to assist with this Hotkey Invest have negotiated a 12 month rent free period. We believe once renovated the property could achieve £400PCM.
A property on the same road is currently on the market for £70,000 giving you a large 50% discount below market value.
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
10 Year Term
Lease option
14% Yield
Great Location
Freehold
Private Courtyard
A
FINANCIALS
(based on single family let)
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