Bowesfield Lane, Stockton-on-Tees TS18
- 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.
- Council Tax Band B
- EPC Rated C and D
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.