NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
REF_HKI3216
LEASE OPTION
Option Price:
Term:
Option Deposit :
Option Payments:
NET Profit (PCM):
EST. NET PROFIT PA:
YIELD:
£47,500
5.5 Years
£1
£215
£168
£2010
11%
Hotkey Invest are proud to present this fantastic 5.5 year lease option in Horden, County Durham.
The option to purchase is set over 5.5 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, Living Room, fitted kitchen/ Diner, family bathroom and small courtyard garden.
We understand the property is in need of light refurbishments and could achieve £425 pcm in rental income. The property is currently untenanted.
Horden is a village and electoral ward in County Durham, England. It is situated on the North Sea Coast, to the east of Peterlee, approximately 12 miles south of Sunderland. Horden was a mining villages until the closure of the Horden Colliert in 1987.
The property is close to Horden station, Castle Eden, Dene Nature Reserve and also benefits being close to local amenities.
EPC Rating: D65
KEY FEATURES
5.5 Year Term
2 Bedrooms
Freehold
Great Location
Close to Train Station
Close to Primary School
Close to AmenitiesHA
FINANCIALS
(based on single family let)
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