This property is not currently available. It may be sold or temporarily removed from the market.
Property Features
- 5 Year Lease
- Rent £760pcm
- 12.1% Net yield
- Freehold
- Council Tax A
- EPC D
Property Description
NEPI are delighted to present our clients with an exceptional freehold property. Available with a government backed 5 year lease this investment offers and excellent opportunity to own a property with competitive and regular income. With the rent set at £9,124.70 pa the gross yield generated is 13.3% The property requires a refurbishment to bring it to the standard required for the lease available. Comprises of 3 bedrooms, lounge, dining room, kitchen, up stairs bathroom. Externally there is a yard to rear. Benefits from gas central heating and double-glazed windows. Situated in Spennymoor town centre this is an ideal long-term investment.
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Contact Us
11 Riverside Studios
Amethyst Rd
Newcastle Upon Tyne
Tyne and Wear
NE4 7YL