329 Linthorpe Road
Middlesbrough
TS5 6AA
West View Road, Hartlepool
Offers in excess of £60,000
3 Bedroom House - Mid Terrace
- UPVC DOUBLE GLAZING
- GAS CENTRAL HEATING COURTESY OF A COMBINATION BOILER
- MODERN WHITE BATHROOM SUITE
- A BUYERS PRMIUM OF £2000 + VAT IS PAYABLE ON A SUCCESFUL COMPLETION OF THIS PROPERTY PURCHASE.
- LET ON A LONG TERM LEASE AT £649.80pcm
** CURRENTLY LET TO A SOCIAL HOUSING PROVIDER - THE ORIGINAL FIXED 5 YEAR LEASE HAS EXPIRED SO THE TENANCY IS NOW ON A ROLLING LEASE. THE LEASEHOLDER CARRIES OUT THEIR OWN MAINTENANCE AND REPAIRS. RENTAL INCOME IS £649.80 PER CALENDAR MONTH THUS CREATING AN ATTRACTIVE GROSS YIELD OF 13% AT ASKING PRICE. **
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. The property is of a good condition internally. A WALK AROUND VIDEO IS AVAILABLE OF THIS PROPERTY AS INTERNAL ACCESS (AS PER TERMS OF THE LEASE) IS DIFFICULT. This is one of two properties being sold by the same owner, with the other property also being under a social housing lease.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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