REF_HKI3144

For Sale 

Ferryhill, DL17
2 x 1 BEDROOM APARTMENTS 
Hotkey Invest_HIGHRES_B&O_ALPHA.png

PURCHASE PRICE:

CURRENTLY TENANTED:

RENT PCM:

EST MORTGAGE PAYMENT PCM:

EST. NET PROFIT PCM:

EST. NET PROFIT PA:

GROSS YIELD PA:

£54,000

YES

£585

£67

£459

£5512

13%

Hotkey Invest are proud to offer for sale these 2 x 1 bedroom apartments. 

 

Both properties are rented out to LHA tenants, one tenant has been in for 6 months and the second tenant has been in 3 years. 

 

The property has an approximate 13% yield based on 100% occupancy.

 

Based on the current rent amounts the property is making an approximate net income of £5,512 per annum.

The properties have 1 good sized bedroom, fitted kitchens, a brand new bathroom and large lounge area. These a freehold properties.

 

Ferryhill is a town in County Durham, England, with an estimated population in 2018 of 9,362 people, making it the 12th largest town in the county. The town grew very rapidly in the 1900s around the coal mining industry. The last mine closed in 1968

 

More information is available on request, please contact a member of the Hotkey Invest Team.

Kitchen.jpg
Kitchen2.jpg
Bedroom.jpg
External.jpg

 

KEY FEATURES

 

2 x 1 bedrooms

Close to local amenities

Tenanted  

Huge Potential 

13% Yield

Freehold

DUE DILIGENCE

Ferryhill

Lounge.jpg
Bathroom.jpg
Bathroom1.jpg

FINANCIALS

(based on single family let)

finances.PNG

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

Thanks for submitting! We will be in touch shortly.

Hotkey Invest
An experienced and dynamic investment house
here to help you develop your
property investment strategy.
Hotkey Invest Contact Us
Hotkey Invest,
4 High Street, Wem, Shrewsbury, SY4 5AA
DISCLAIMER
IMPORTANT NOTICE: Hotkey Invest trading name for Hotkey Consultancy Ltd for themselves and for the lessors or vendors of this property whose agents they are give notice that:  1. No appliances, services or service installations have been tested and no warranty as to suitability or serviceability is implied. Any prospective purchaser or lessee is advised to obtain verification from their surveyor or solicitor.  2. The particulars are set out as a general outline only for the guidance of the intended purchasers or lessees and do not constitute, nor constitute part of, an offer or contract.  3. All descriptions, calculations, reference to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or lessees should not rely on them as statements or representation of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them before making any commitment to participate.  Calculations have been rounded up or down accordingly. 4. No person in the employment of Hotkey Invest has any authority to make or give any representation or warranty whatsoever in relation to this property.  5. All rentals and prices are quoted exclusive of Stamp Duty, legal and surveyors fees and any other associated purchasers or lessees costs.  6.  Floor plans are indicative only and should not be relied on.  7. The map showing the boundary of the property postcode is indicative only and has not been checked against the legal title so should not be relied on.  8.  All dimensions, floor areas and site areas are only approximate and should not be relied on.  Dimensions are generally maximum room dimensions.  9. Hotkey Invest is not a regulated or licensed investment or financial advisor, therefore please seek independent financial advice.  10. Hotkey Invest is not a property management company for Serviced Accommodation, House of Multiple Occupation, Buy to Let and other, therefore please seek an independent management company before making any commitment to participate.  11. Hotkey Invest cannot be held liable for any losses whatsoever incurred as a result of any decisions made from relying on this report.