Norton Road, Stockton On Tees

£82,000
  • Ref: 11352
  • Type: Terraced House
  • Availability: For Sale
  • Bedrooms: 4
  • Bathrooms: 1
  • Reception Rooms: 2
  • Tenure: Freehold
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    Property Features

    • 5 Year Lease in place
    • Rent £15,360
    • 13% Yield
    • Freehold
    • EPC D
    • Council Tax B

    Property Description

    NEPI are pleased to offer our clients an excellent opportunity to invest in a 5 bed HMO property that is currently under a government backed lease with a new 5-year term recently agreed. There are works required to bring the property up to current fire safe standards, however this investment offers an excellent yield of 13.7% & a monthly income of £1,280.
    This spacious home features 4 bedrooms and 2 reception rooms, currently utilized as a 5 bed HMO, bathroom, kitchen & downstairs WC.
    ...

    Contact Us

    Address
    North East Property Investment Ltd
    11 Riverside Studios
    Amethyst Rd
    Newcastle Upon Tyne
    Tyne and Wear
    NE4 7YL

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