Location: Stanley, Durham
Price: £134,000 (combined)
We have an opportunity for a hands off investor to purchase 2 x tenanted freehold houses for the combined price of £134,000.
This deal would ideally suit those of you looking to add YIELD and CASH flow to your investment portfolio.
These properties will need to be purchased on an individual basis however we felt that they would work well as a combined sale. The letting agent has informed us that both properties have had the same occupants for circa 9 years.
Mortgage buyers can expect to walk away with a combined £592 positive monthly cash flow after finance and management costs have been deducted.
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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.