2 bedroom property for sale

>

2 bedroom property for sale

Hawthorn St- Let on 25 Year Lease, Peterlee, SR8
£89,999

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 secure 25-year lease and guaranteed monthly net rent of £700, totaling £8,400 per annum. The property is freehold and has a well-maintained interior with a large lounge, kitchen diner, and two generous bedrooms. The exterior features a low-maintenance garden. The tenant, a reputable housing provider, is responsible for bills, council tax, and most internal repairs and maintenance, making this a hassle-free investment with no voids, no management fees, and no bills. The property is located in a popular area with easy access to amenities, transportation links, and green spaces. With annual index-linked rent reviews, this is an opportunity for investors to enjoy consistent returns without the complexities of day-to-day management.