NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE

REF_HKI3170

LEASE OPTION

Option Price:
Term:
Option Deposit (Direct to Vendor):
Option Payments:
NET Profit (PCM):
EST. NET PROFIT PA:
YIELD:
* 2 Years Payment free period*
£45,000
10 Years
£1
£110
£340
£4080
13%
Hotkey Invest are proud to present this opportunity to purchase a 3 bedroom property on a 10 year lease option in Hartlepool.
The option to purchase is set over 10 years, 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.
This 3 bedroom dwelling is situated in the highly populated Costal town of Hartlepool.
This ideal single family let comprises of 3 bedrooms, a fitted kitchen and bathroom, and large lounge area with fitted fireplace.
The property also has access to a private courtyard.
We believe the property is in need of a refurbishment circa £10,000
due to this we have negotiated a 2 year option payment free period.
We believe after refurbishment the current estimated market value would be CIRCA £65,000 giving you a 31% discount. The achievable monthly rent is CIRCA £500 after the work has been done.
For more information please speak to a member of the Hotkey Invest team.
Hartlepool is a large port town in, North East England. It is the largest settlement and administrative centre of the Borough of Hartlepool. The town is located 32 miles south-east of Newcastle upon Tyne, 17 miles south-east of Durham, 20 miles south-east of Sunderland, and 12 miles north-east of Stockton-on-Tees.
KEY FEATURES
3 Bedrooms
Fantastic transport links
Fully Assignable
Private courtyard
No credit check
No Mortgage required
31% Discount
DUE DILIGENCE
HARTLEPOOL
FINANCIALS
(based on single family let)

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
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