48 Trinity Walk , South Shields , NE33 5RU

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Posted in:
14th September 2018
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Overview

This well presented , top floor , one bedroom property is sold with the benefit of a renewable three year lease to one of our business clients at a rate of £400 pcm. Priced below £40000 to avoid stampy duty it represents an affordable , low risk , strong yield investment opportunity. Ideal for a first purchase buy to let or an addition to a portfolio. Accommodation comprising : hallway , dual aspect lounge , fitted kitchen and bathroom. .

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Price – £39500.
Annual Rent – £4800.
Gross Yield – 12%.

  • Recently refurbished.
  • Close to Town Centre.
  • Sold leased to Nacro.
  • 36 month contract.
  • Scope to refinance.
  • High yield & low risk.

FINANCIALS

  • Purchase price: £39500.
  • Annual rental income: £4800.
  • Gross yield: 12%.
  • Refurbishment £0.
  • Zero management in Year 1.

Location

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Contact us

Address: Parsons Five
Town Hall Business Centre
High Street East
Wallsend NE28 7AT

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