Mary Street, Stanley, County Durham, DH9
Property Details
2
1
Terraced
Description
Property Details: • Type: Terraced • Tenure: N/A • Floor Area: N/A
Key Features: • HANDS FREE INVESTMENT • 25 year FRI Lease in place with supported housing provider • Annual index linked rent increases • Initial 9% net return • Fully renovated prior to lease commencement
Location: • Nearest Station: N/A • Distance to Station: N/A
Agent Information: • Address: Durham
Full Description: ***Turnkey Investment Property***
CASH BUYERS ONLY
Newly renovated throughout and leased to a local housing provider for a period of 25 years. Fully Repairing Insured terms, full responsibility for management and maintenance of the property falls to the provider. Annual rent £8,400 9% net return!
This therefore represents a truly unique opportunity to own a house which requires no involvement for the owner on a day to day basis. Earn exceptional returns while providing good quality accommodation to individuals who are in need of support.
For full details of the property, the lease package and to learn more about any aspect of this investment please contact the office today.
Location
Address
Mary Street, Stanley, County Durham, DH9
City
Seaham
Features and Finishes
HANDS FREE INVESTMENT, 25 year FRI Lease in place with supported housing provider, Annual index linked rent increases, Initial 9% net return, Fully renovated prior to lease commencement
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