Bowesfield Lane, Stockton-on-Tees, TS18 3EBAsking Price Of £350,000
Available from July 2021. Offered to the market fully refurbished and fully furnished. 2 x six bedroomed , two bathroom Licenced HMO’s. Sold with the benefit of long term Government rental leases. Can be bought individually. Register details for further information.
Purchase Price For Both Units - £320,000
Annual net rent Per Unit - £12500 after management.
Net Yield Per Unit – 8.0%.
Potential income over length of contract Per Unit - £112500 * based on lease till 2029.
- Available July 2021.
- 2x Six Bedroomed Licenced HMO's.
- £28,000 PA Rental Income.
- Sold With The Benefits Of A 5 Year Rental Lease.
- Ongoing Government Backed Contract.
- Great Investment Opportunity.