Location: Peterlee, Durham
FREEHOLD block of 4 x apartments in the North East consisting of 1 x 1BED and 3 x 2BED self-contained apartments. Tenants pay their own bills on their own meters – NO bills for the owner!
FULLY tenanted from day one and generating £1,650 PCM from day one with scope to increase the rent. COMPLETELY hands-off and FULLY managed.
ALL units have their own garden and car park space and one unit benefits from a garage Just under 2,500 square foot of living space.
Offering up to £946 pcm positive monthly cashflow.
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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.