Sponsored Get a Survey — free quotes via ReallyMoving
3 bed terraced house
Next Steps
Sponsored — free quotes via ReallyMoving
Get a Survey
Essential before buying a property with potential — compare up to 5 quotes free
Price History
Our Summary
- ** An easy 'hands off' investment opportunity located within Hartlepool benefitting from a social housing provider lease ensuring guaranteed returns, whilst ongoing maintenance and repairs being handled by the leaseholder
Get alerted when similar properties are listed — Subscribe
Description
The property features UPVC double glazing, gas central heating courtesy of a combination boiler, and a modern white bathroom suite. It is currently let to a social housing provider on a long-term lease at £649.80 per calendar month, generating a rental income of £7,797 per year and an attractive gross yield of 13% at the asking price. The property is in good condition internally, although ongoing maintenance and repairs are handled by the leaseholder.
The property is located in Hartlepool and a walk-around video is available for viewing as internal access is difficult due to the lease terms.