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5 bedroom terraced house for sale
Hedley Terrace, South Hetton
£145,000
Hedley Terrace, South Hetton
£145,000
Our Summary
- THE NET YIELD FOR ANY CASH BUYER IS 10
- THIS IS A PERFECT 'HANDS-OFF' INVESTMENT OPPORTUNITY WITH ATTRACTIVE YIELDS FOR ANY INVESTOR LOOKING TO MAXIMISE THEIR INVESTMENT FUNDS WHILST REDUCING THEIR RISK
Description
This property offers a unique investment opportunity with a guaranteed rental income of £1,300 per month for five years through a social housing contract with Mears. The only expenses for the buyer would be mortgage payments, with all other costs covered by the contract. As a result, the net yield for a cash buyer is an impressive 10.76%, far exceeding bank interest rates. The property itself is a spacious 5-bedroom, 2-bathroom home with a lounge and kitchen, making it a "hands-off" investment opportunity with attractive yields for investors looking to maximize their returns while minimizing risk.