4 bedroom apartment for sale

>

4 bedroom apartment for sale

Sefton Road, Middlesbrough
£120,000

Our Summary

  • AND STANDARD RESIDENTIAL LETS THEN THIS IS THE INVESTMENT FOR YOU **A UNIQUE AND LUCRATIVE INVESTMENT OPPORTUNITY CONSISTING OF TWO SEPARATE APARTMENTS (THE UPPER BEING A DUPLEX) LOCATED WITHIN A DETACHED BUILDING WITHIN THORNTREE, MIDDLESBROUGH

Description

This unique investment opportunity consists of two separate apartments, a duplex and a standalone unit, located in a detached building in Thorntree, Middlesbrough. Each apartment generates £550 per month, with the upper apartment currently let and the lower apartment recently vacated but being marketed for let again. On full occupancy, the monthly return would be £1,100, equal to an annual return of £13,200. The apartments have their own meters, gas and electric connections, and UPVC double glazing throughout. With off-street parking and a large garden to the rear, this investment offers a lucrative return of 11% gross yield, making it an attractive opportunity for investors seeking a steady income.
Get a Mortgage Quote