NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
REF_HKI3224
LEASE OPTION
Estimated Market Value:
Discount:
Option Price:
Term:
Option Deposit :
Option Payments:
NET Profit (PCM):
EST. NET PROFIT PA:
YIELD:
£52,000
10%
£47,000
8 Years
£3000
£210
£227
£2724
12%
Hotkey Invest are proud to present this fantastic 8 year lease option in Sunderland.
The option to purchase is set over 8 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.
The property is currently tenanted to good paying tenants at £375pcm. We do believe with a rental increase you could achieve closer to £475pcm.
The property has an estimated market value of £52,000 in todays market giving you a 10% discount on the option price.
The property is in the popular area of Peterlee, Sunderland with excellent access to transport links.
Pictures to follow.
KEY FEATURES
8 Year Term
2 Bedrooms
10% below market value
Freehold
Great Location
Close to Train Station
Close to Primary School
A
FINANCIALS
(based on single family let)
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