Bowesfield Lane, Stockton-on-Tees, TS18

£350,000
  • Ref: 10818
  • Type: Semi-Detached House
  • Availability: Under Offer
  • Bedrooms: 6
  • Tenure: Freehold
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    Property Features

    • Sold With The Benefits Of A 5 Year Rental Lease.
    • £28,000 PA Rental Income
    • Net Yield per unit 8%
    • Freehold
    • Council Tax Band B
    • EPC Rated C and D

    Property Description

    Available from July 2021. Offered to the market fully refurbished and fully furnished. 2 x six bedroomed , two bathroom Licenced HMO’s. Sold with the benefit of long term Government rental leases. Can be bought individually. Register details for further information.

    Purchase Price For Both Units - £350,000
    Annual net rent Per Unit - £12500 after management.
    Net Yield Per Unit – 8.0%.
    Potential income over length of contract Per Unit - £112500 * based on lease till 2029.
    ...

    Contact Us

    Address
    North East Property Lettings & Management Ltd
    2 South Terrace
    Sunderland
    Type & Wear
    SR5 2AW

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