Lilywhite Terrace, DH5 0HF

Back

Property ID: 229540317

Monthly Income

£842

Current Yield

10.1%

Tenancy status

Tenanted

CapitalAppreciation

+5.8%

Key features

Portfolio of Two 2-Bedroom Flats
Buy-to-Let Opportunity
Tenants Currently Situated
Likely to attract enquiries from Serious Investors & Developers
INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This property portfolio is located in Houghton Le Spring with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord.

For investors looking for a rewarding investment, this is a brilliant opportunity!

The portfolio comprises of:

2 x Two Bedroom Flats

Investment details

The portfolio currently produces an annual gross income of £5,160 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

We are committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Live Property Calculator

Cash Purchase

Mortgage

Purchase Price

Assumed purchase price based on home report value

Stamp Duty Tax

Est. Legal Fees

Monthly Running Costs

What are these?

Calculated Returns

Capital appreciation calculated based on location, property type, and market value. Learn more

Current Rent

Potential Rent

Purchase Costs

Net Rental Income841.67/mo

Monthly Capital Appreciation/mo

Total Net Returns/mo

Total ROI

Investment Returns

Current Monthly Rent

£841.67 pcm

Current Rental Yield

10.1%

Potential Market Value Rent

£1041.67 pcm

Potential Rental Yield

12.5%

Estimated Monthly Capital Appreciation

£483

Area Capital Appreciation Rate

+5.8%

Let Property Pre Checks

Tenancy Checks

Tenancy Agreement

Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.

Proof of Rental Income

Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.

Length of Tenancy

Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.

Property Checks

Property Tenure

Verified as Freehold

Property Tenure documentation has been provided to Let Property and has been Verified.

EICR

EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

Gas Safety

Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

EPC

EPC documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

Council Tax Band

Council Tax Band: A

Street View

Interactive street-level view of the property location and surrounding area.

Running Costs

Ground Rent

Freehold

Factor Fees/Running Costs

TBC

Total Estimated Costs

£0.00

Other Bills

No other bills

EPC Rating

EPC image not availableCheck EPC documents below

EPC Documents

EPC

Download

Floor Plan

Floor plans

Floor plan not availableNo floor plan image for this property

Floor Plan Documents

Offers Over

£100,000

Location

Lilywhite Terrace, DH5 0HF

Bedrooms

Type of property

Portfolio

Additional Benefits

Fully Pre Checked by Let Property

Available First Come, First Serve

Over £1 Billion of UK Investment Property Sold.

Enquire for Detailed Returns Breakdown & Investment Documents.

Yearly Net Profit

Include Mortgage Payments

Current Yearly Rent

£10,100.04

Annual Capital
Appreciation

£5,800.00

Yearly Factor Fee /
Service Charge

TBC

Other Yearly Costs

None
Indicated

Annual Net Returns

£15,900.04

Lilywhite Terrace, DH5 0HF - Let Property

Minimum Rent

Minimum Yield

Bedrooms

Type of Property

Minimum Rent

Minimum Yield

Bedrooms

Type of Property

This property portfolio is located in Houghton Le Spring with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord.

For investors looking for a rewarding investment, this is a brilliant opportunity!

The portfolio comprises of:

2 x Two Bedroom Flats

Investment details

The portfolio currently produces an annual gross income of £5,160 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

We are committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Tenancy Checks

Tenancy Agreement

Proof of Rental Income

Length of Tenancy

Property Checks

Property Tenure

EICR

Gas Safety

EPC

Council Tax Band

Additional Benefits