NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
REF_HKI3192
LEASE OPTION
Option Price:
Term:
Option Fee:
Option Payments:
Estimated monthly profit:
Estimated profit PA:
Yield:
£38,500
9 Years
£1
£210
£240
£2880
16%
Hotkey Invest are proud to present this 3 bedroom property on a 9 year lease option in Bishop Auckland.
The option to purchase is set over 9 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 single family let comprises of 2 double bedrooms, 1 single bedroom and fitted bathroom suite to the first floor. The ground floor has a fitted kitchen and large lounge.
The property also has access to a private courtyard to the rear.
Situated in Bishop Auckland, the property is in prime location to nearby cities Middlesbrough, Durham and Newcastle Upon Tyne.
The refurbishment for the property is circa £6,000
For more information please contact a member of our team today.
KEY FEATURES
9 Year Term
Lease option
16% Yield
Great Location
Freehold
Private Courtyard
Potentially 10% BMV
A
FINANCIALS
(based on single family let)
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