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Property ID: 217063803
Offers Over
£85,000
Location
Arncliffe Place, Newton Aycliffe
Size
1012
Tenure
Freehold
Bedrooms
4
Type of property
Semi-Detached
Current Yield
9.2%
Monthly Income
£650
Property Information

This 4-bedroom Semi-Detached house is located in Newton Aycliffe, within walking distance of various valuable amenities. It is ideal for investors seeking reliable, long-term returns.


This is a brilliant opportunity for investors!


Offering four bedrooms, a generous lounge, a three-piece bathroom, and a kitchen, this property also features a spacious, privately enclosed rear garden and convenient on-street parking.


Investment Details:


The property generates an annual gross income of £7,800, which the new owner could increase to a market rate of £8,400 with tenants currently situated. The purchase price makes it a worthwhile addition to any investor's portfolio.


Please see the Let Property Pack linked below for more details on this property's investment potential.


Tenancy Details:


The current tenants have resided in the property for several years and have consistently paid their rent. They have no intentions of moving out and are keen to remain in the property.


Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties, a fully refundable buyer's premium may apply to secure the property. This amount is refunded in the event of non-completion.


Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Letting Agency Fees
Ownership CostsWhat are these?
Calculated Returns
Paisley benefits from an average of 4.5% capital growth. Learn more
Purchase Costs
Based on monthly income of
£650
Cashflow p/m
650
Current Yield
null%
Based on potential rent of
£700
Cashflow p/m
700
Potential Yield
null%
Monthly Income
£650 pcm
Potential Rent
£700 pcm
Length of Tenancy
Moved in within the last 2 years
Tenant Means of Funding
LOCAL_AUTHORITY_FUNDED
Area Capital Appreciation Rate
-
Ground Rent
Freehold
Est. Insurance Costs
unknown
Factor Fees
-
Factor Name
unknown
Total Estimated Costs
unknown
Not available for this property
Not available for this property
Not available for this property
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Running Costs
Ground Rent
Freehold
Est. Insurance Costs
unknown
Factor Fees
-
Factor Name
unknown
Total Estimated Costs
unknown