Saltwell Road, Gateshead NE8

£130,000
  • Ref: 10817
  • Type: Terraced House
  • Availability: Sold
  • Bedrooms: 5
  • Bathrooms: 2
  • Tenure: Freehold
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Property Features

  • Available with Long-term Government Lease
  • Net Rent 10,400 after management
  • 8% Yield
  • Freehold
  • Council Tax Band B
  • EPC Rating D

Property Summary

Available from May 2021 …… refurbished and furnished , five bedrooms , two bathroom HMO sold with the benefit of a long term Government rental lease. Register details for further information….

Purchase Price - £130000.
Annual net rent - £10400 after management.
Net Yield – 8.0%.
Income over length of contract - £93,600 * based on lease till 2029.
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Address
North East Property Lettings & Management Ltd
2 South Terrace
Sunderland
Type & Wear
SR5 2AW

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