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2 bedroom property for sale
Hawthorn St- Let on 25 Year Lease, Peterlee, SR8
£89,950
Hawthorn St- Let on 25 Year Lease, Peterlee, SR8
£89,950
Our Summary
- Welcome to this charming mid-terrace property offering a unique investment opportunity featuring a secure 25-year lease with a guaranteed monthly net rent of £700 / £8,400
- INVESTMENT OPPORTUNITY
- Confirm existence and nature of any known planning or proposals for development
- Cash buyers preferred
- Cash purchasers preferred
- Cash Buyers Preferred
Description
This charming mid-terrace property offers a unique investment opportunity with a 25-year lease to a social housing provider, guaranteeing a monthly net rent of £700. The property has two bedrooms, a large lounge, well-fitted kitchen diner, and a bathroom/WC. The exterior features a low-maintenance garden. The tenant is responsible for bills, council tax, and internal repairs, making it a hassle-free investment with no void periods, management fees, or bills. The property is located in a popular area, close to amenities, transportation links, and green spaces. With an annual index-linked rent review, this investment promises consistent returns without the complexities of day-to-day management.