2 Investment Properties in County Durham For Sale

2 Houses located in Seaham & Peterlee

Turnover £ 275
Price £160,000

Features

2 Investment Properties

CURRENT INCOME RECEIVED £14,340

House 4 rental income - £6,600 p.a.

Large 3 bed centre terrace. Gas CH. DG. Back yard and long front garden. Good condition, rewired and replumbed, plastered so sound condition. Decorated and carpets replaced June 2022.

Tenancy commenced 27 July 2022. Rent £550 p.m. Working mother. Substantial guarantor.

House 5 rental income - £7,740 p.a.

Centre of 3 terraced houses, ex council, 3 bedroom. Gas CH (new boiler 3/22) DG. Open plan front garden, reasonable size back garden. Decorated and new carpets, new hob and oven Feb 2023.

Working parents, guarantor. Rental income - £545 p.m. plus average tax free Feed in Tariff of £100 p.m.

Turnover

Currently both rented out to provide £14,340 p.a. gross income.

Tenure

FREEHOLD

Price

FOR THE VALUABLE FREEHOLD PROPERTIES OFFERS over £160,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 112,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote