Cheap House With 24% NET Returns

Location: County Durham

Price: £61,000

Discount: Included

This 2 bed mid-terraced house is available for £61,000 and will rent for up to £450 pcm.

These deals are a great way to diversify an investment portfolio. They provide a monthly cash flow whilst requiring limited up front investment.

Over the years we have sourced hundreds of these properties for our investors. Managing agents on hand allow you to remain completely hands off, whether you’re located in the UK or overseas.

These are great for mortgage buyers. You’ll need a deposit of £15,250 for a 25% mortgage deposit which is why these properties are so appealing.

Based on a monthly income of £450 pcm, we estimate you’ll secure a NET return of around £306 after mortgage costs.

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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.