Delaval Terrace, Blyth

£42,000
  • Ref: 11065
  • Type: Terraced House
  • Availability: For Sale
  • Bedrooms: 2
  • Bathrooms: 1
  • Reception Rooms: 2
  • Tenure: Freehold
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    Property Features

    • Standard AST
    • Rent £495pcm
    • 8 % yield Net
    • Freehold
    • Council Tax A
    • EPC D

    Property Description

    We are pleased to offer our clients this low cost high yield investment situated in Blyth, Northumberland. Needing a refurbishment the property will present a rare opportunity for a tenant to rent a ready to move in home. Briefly comprises of 2 bedrooms, 2 reception rooms, kitchen & bathroom. This is the perfect investment with a good income for a relatively small outlay. The achievable rent is at £495pcm/£5,940pa (£5,227net) producing a yield of 8% net. Subject to mortgage rates this is also a potential BRRR deal resulting in leaving only circa £15,000 in the property.
    For more information please contact jonny@nepi.uk...

    Contact Us

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

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