NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
REF_HKI3218
LEASE OPTION
Option Price:
Term:
Option Deposit :
Option Payments:
NET Profit (PCM):
EST. NET PROFIT PA:
YIELD:
£47,500
5.5 Years
£1
£180
£180
£2160
10%
Hotkey Invest are proud to present this fantastic 5.5 year lease option in Ferryhill, 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, 1 Bathrooms, Living Room, fitted kitchen/ Diner and small courtyard garden.
We understand the property is in good condition and does not need any refurbishment. On estimate we think this property could achieve around £400pcm in rental income. The property is currently untenanted.
The property has recently had a new boiler and heating system fitted throughout.
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. Ferryhill is situated 7 miles south of Durham City and 11 miles north of Darlington.
KEY FEATURES
5.5 Year Term
2 Bedrooms
Freehold
Great Location
New Boiler
Close to Primary School
Close to AmenitiesHA
FINANCIALS
(based on single family let)
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