NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
REF_HKI3221
LEASE OPTION
Option Price:
Term:
Option Deposit :
Option Payments:
NET Profit (PCM):
EST. NET PROFIT PA:
YIELD:
£70,000
5 Years
£1
£220
£163
£1950
7%
Hotkey Invest are proud to present this fantastic 5 year lease option in Shildon, County Durham.
The option to purchase is set over 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 Bathroom, Living Room, fitted kitchen/ Diner and large rear garden.
We understand the property is in good condition and does not need any refurbishment. However could benefit from some modernisation.
Hotkey Invest have the ability to offer this property on a longer term with an increased option price. Please speak to a member of our team for more information regarding this.
The property is located in a prime location with access to good schools in the area and transport links.
The property is in good location for Air BNB. We believe should the property be refurbished to a high standard the property may make an ideal Air BNB.
Shildon is a town and civil parish in County Durham, in England. The population taken at the 2011 Census was 9,976. The town has the Locomotion Museum, due to it having the first station, built in 1825, and locomotive works on the Stockton and Darlington Railway.
KEY FEATURES
5 Year Term
Longer term available
2 Bedrooms
Freehold
Great Location
Close to Primary School
Close to Amenities
FINANCIALS
(based on single family let)
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