Freehold house offering over 9% gross yield

Location: County Durham
Price: £58,000
Rent: £450 pcm

Another freehold deal which offers a yield of over 9%!. This 2 bed mid-terrace house is available for below £60,000. You’ll need only £14,500 for a mortgage deposit assuming you select a 75% LTV mortgage product. Our local agent has advised a market rent of £450 pcm.

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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