NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
REF_HKI3141
LEASE OPTION
Option Price:
Term:
Option Deposit :
Option Payments:
NET Profit (PCM):
EST. NET PROFIT PA:
YIELD:
£34,500
8 Years
£1
£210
£178
£2135
15%
Hotkey Invest are proud to present this 2 bedroom property on a lease option in Hartlepool.
The option to purchase is set over 8, which allows you to secure the properties 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.
Comprising of 2 bedrooms, a family living room, Kitchen, bathroom and private courtyard.
We believe the property is in need of refurbishment. A local builder in the area quoted an estimated £7000 for the works to be carried out.
After the refurbishment we understand the property to be worth £50,000 in todays current market, giving you a 31% discount against the option price.
We believe after this the property could be rented for £430pcm on a private or council contract.
This property is in prime location for local amenities and would be perfect for a single family let.
For more information please speak to a member of the Hotkey Invest team
KEY FEATURES
2 bedrooms
Close to local amenities
Close to local primary schools Fantastic Transport access
8 year Term
Tenant Ready
Fully Assignable
FINANCIALS
(based on single family let)
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