Saltwell Road, Gateshead NE8

£130,000
  • Ref: 10817
  • Type: Terraced House
  • Availability: Sold
  • Bedrooms: 5
  • Bathrooms: 2
  • Tenure: Freehold
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  • Property Features

    • Available May 2021
    • Five Bedroomed HMO
    • Available with Long-term Government Lease
    • 8% Yield
    • Council Tax Band B
    • EPC Rating D

    Property Summary

    Available from May 2021 …… refurbished and furnished , five bedrooms , two bathroom HMO sold with the benefit of a long term Government rental lease. Register details for further information….

    Purchase Price - £130000.
    Annual net rent - £10400 after management.
    Net Yield – 8.0%.
    Income over length of contract - £93,600 * based on lease till 2029.
    ...