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Bowesfield Lane, Stockton-on-Tees, TS18 3EB

Asking Price Of £350,000 - Under Offer
Overview

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 - £350,000
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.

Features
  • 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.
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Location
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Address
North East Property Investment Ltd
2 South Terrace
Sunderland
SR5 2AW

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