>
4 bedroom terraced house for sale
Lowe Street, Darlington, County Durham, DL3
£160,000
Lowe Street, Darlington, County Durham, DL3
£160,000
Our Summary
- Excellent Hands Off Investment Opportunity An excellent opportunity to acquire a fully tenanted 4-bedroom HMO Property, offering a strong return on investment with a 25 Years Social Housing Lease in place
Description
This is an excellent hands-off investment opportunity to acquire a fully tenanted 4-bedroom HMO property with a 25-year social housing lease in place. The property is well-maintained and currently generates an annual rental income of £15,600, providing a healthy gross yield of 9.2% per annum, guaranteed for 25 years. The property offers immediate income from day one, making it an ideal opportunity for both new and experienced landlords looking to expand their portfolio with a reliable, income-generating asset. Priced at £170,000, this property provides a strong return on investment and is a great addition to any portfolio.