Location: Thornaby-on-Tees, Durham
Property Type: Semi-Detached House (4 Bed)
Purchase Price: £102,000
Rental Income: £728pcm (existing)
Tenure: Freehold
Status: Tenanted
Strategy: Buy To Let
This large four bed semi-detached property with driveway has been reduced from £110,000 to £102k with a rental income currently of £728pcm with a tenant in place until 2026.
The property is built to HMO spec but is currently let to a social provider with guaranteed rent in place for duration of contract.
Clean, tidy and spacious inside the property has a huge garden and is in a town centre close to amenities and shops, close to Stockton-on-Tees, Hartlepool and Middlesbrough.
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Please Note: Property values can decrease as well as increase. No express or implied income claims are made herein. Historic performance should not be taken as a guarantee of future performance. Leveraged property investment with mortgage finance can increase the risk of losing money as well as increasing the possible gains.
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