Property Details: • Type: Terraced • Tenure: N/A • Floor Area: N/A
Key Features: • A 5 BEDROOM FULLY LICENSED HMO - Offering the ultimate hands off investment opportunity! • A 5 year lease is in place which guarantees returns with no risk of voids • Recently refurbished and sold fully furnished • NO BILLS, NO REPAIRS, NO MAINTENANCE, NO LETTING FEES - A COMPLETELY HANDS OFF INVESTMENT!
Location: • Nearest Station: N/A • Distance to Station: N/A
Agent Information: • Address: 329 Linthorpe Road, Linthorpe, Middlesbrough, TS5 6AA
Full Description: ATTENTION INVESTORS - AN ASSURED RENTAL INCOME OF £1300PCM ON A FIVE YEAR SOCIAL HOUSING CONTRACT (SIGNED BY 'MEARS') WHICH GENERATES A POTENTIALLY NET INCOME OF £1,300PCM SHOULD THE PURCHASE BE CASH FUNDED. THE ONLY BILLS / COSTS ANY INCOMING BUYER WILL HAVE IN THE OWNING AND RUNNING OF THIS PROPERTY ARE MORTGAGE PAYMENTS SHOULD THAT BE THE ROUTE OF PURCHASING, EVERYTHING ELSE IS COVERED WITHIN THE SIGNED CONTRACT. THE NET YIELD FOR ANY CASH BUYER IS 10.76%! THIS FAR EXCEEDS THE BANKS INTERESTS RATES SHOULD YOU HAVE FUNDS SO ALLOW YOUR MONEY TO WORK FOR YOU. THE ACCOMMODATION BRIEFLY INCLUDES 5 BEDROOMS, 2 BATHROOMS A LOUNGE AND A KITCHEN.THIS IS A PERFECT 'HANDS-OFF' INVESTMENT OPPORTUNITY WITH ATTRACTIVE YIELDS FOR ANY INVESTOR LOOKING TO MAXIMISE THEIR INVESTMENT FUNDS WHILST REDUCING THEIR RISKBrochuresHedley Terrace, South HettonBrochure
