Freehold House Only £39,995 With 14.9% Rental Yield
An opportunity for one of our investors to secure this 3 bedroom terraced house which is producing a massive 14.9% rental income.
The property has been occupied by the same tenant since 2015 and rent is paid directly by Hartlepool Civic Centre. Thirlmere Street is roughly half a mile from Hartlepool town centre which contains a railway station, shopping centre and other amenities.
At sub £40,000 – this deal will be open to cash buyers who wish to acquire a passive monthly income of £448 AFTER a management fee has been deducted. This would translate to a NET return on investment of 13.4% per annum.
There are NO stamp duty costs with this purchase.
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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.