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Key selling points
- 2 Bed Terrace ONLY £64,000!!
- Deposit Under £10,000!!!
- High Capital Growth Area!!!
- Great Rental Potential
- IDEAL INVESTMENT OPPORTUNITY
We have sourced a very well presented 2 bed mid-terrace property in an area seeing continued strong capital growth and high rental demand. The property itself comprises of entrance, lounge, dining room, kitchen, whilst to the first floor there are two bedrooms and a bathroom with separate shower cubicle. The property also comes with gas central heating (recently installed combi boiler) and part double-glazing. We would expect a property of this type in this area to let for around £390/month.
Cash Flow
Purchase price - £64,000
Deposit - £9,600
Rent - £390/month
85% Mortgage at 5.5% - £240/month
Management 10% - £39
Insurance - £15
Net Income - £96
This high yielding investment property will provide a net income of just under £100 a month, after all costs.
We source more high yielding buy to let deals in the UK than any other company, and have a proven track record. We regularly feature in the property magazines in the UK, and only source in local hotspots where our local finders operate from, and in areas we invest in ourselves.
The North East has excellent rental property and continued strong capital growth offering fantastic value to buy to let investors. As with any property of this type and age we would recommend that investors always allow up to £1000 for points that may be raised in the survey.
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