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8 % yield Net
Council Tax A
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.
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North East Property Lettings & Management Ltd
2 South Terrace
Type & Wear