3 bed house offering 21% NET returns

Location: Stockton-on-Tees, Teesside

Price: £74,000

Discount: Included

This property is located within half a mile of a major hospital and has been tenanted for the past 3 years.

Offering immediate rental income to passive investors who are seeking ‘ready-made’ freehold assets. We’ll walk you through the process over the coming weeks whist also ensuring that the property is looked after by a recommended managing agent once you complete.

These deals are great for adding cash flow into your portfolio.

We estimate that you’ll be securing a NET return of around £330 pcm after mortgage interest and management costs. Mortgage buyers will only need £18,500 for a 25% down payment.

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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.

Sherwood Estate Agency Ltd uses all reasonable efforts to ensure that the property information published on the website and in the investment packs and elsewhere are accurate, current and complete at the date of publication; no warranties or representations are made or implied as to the accuracy of such information.