- 5 YEAR LEASE IN PLACE
- RENT £685
- RETURNS 8.1%
- EPC D
- CLOSE TO CITY CENTRE
This is a very rare opportunity to be able purchase a 3 bed family home in this location due to the rising house prices and high demand .
The property is available with a 5 year fixed lease offering an excellent guaranteed income.
The annual rent for the property is set at £7569 net per year, which totals £41,135 over the full five years of the contract.
This is perfect long term investment generating a yield of over 8.1% (Based on purchase price, fees and refurbishment costs)
11 Riverside Studios
Newcastle Upon Tyne
Tyne and Wear