3 Bed House With 8% Yield

Location: Newton Aycliffe

Price: £67,000

Discount: Included

This 3 bedroom terraced house is currently income producing and generating £450 PCM.

It’s a perfect option for those of you who are looking to add a high yielding property to your portfolio. You’ll need only £16,750 as a down payment for a 75% LTV mortgage. We estimate that you’ll walk away with a NET cash flow of nearly £300 PCM after mortgage and management costs have been accounted for.

Our local agent has advised that this property has an open market valuation of £75,000 however we are able to offer the unit at a discounted price for a quick sale!

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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.