NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
REF_HKI3177
LEASE OPTION
Option Price:
Term:
Option Deposit :
Option Payments:
NET Profit (PCM):
EST. NET PROFIT PA:
YIELD:
£45,000
3 Years
£1000
£100
£296
£3552
12%
Hotkey Invest are proud to present this 3 year lease option in Shildon, County Durham.
The option to purchase is set over 3 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 2 bedrooms, family bathroom, a large living area, and kitchen.
The property underwent a large refurbishment last year.
The tenants have recently vacated the property leaving some rubbish removal and some redecoration works to be done.
A local builder in the area has quoted circa £2000 to include
-Carpets where applicable
-Decoration
-Plaster patch to the ceiling
-New bath panel
-Rubbish removal
-Full Clean
in order to get the property tenant ready.
This property is in prime location for local amenities and would be perfect for a single family let.
Shildon is a town and civil parish in County Durham, in England. The population taken at the 2011 Census was 9,976. It is situated 2 miles southeast of Bishop Auckland, 11 miles north of Darlington, 13 miles from Durham, 23 miles from Sunderland and 30 miles from Newcastle upon Tyne.
KEY FEATURES
2 bedrooms
Close to local amenities
Close to local primary schools Fantastic Transport access
3 year Term
12% Yield
22% Discount
Fully Assignable
FINANCIALS
(based on single family let)
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