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88 Bowes Street, Blyth

Property Sales
Property Sales

 

Currently Available

We're delighted to present this new investment opportunity for your consideration as a valuable addition to your investment portfolio.

2 Bedroom Terraced House in Blyth

Our Price- £110,000

Market Rental Income - £850pm

Holland Asset Management are delighted to offer our investors a fantastic investment opportunity to purchase this freshly renovated turnkey residential property for only £110,000.

Situated in the thriving industrial town of Blyth this property will be in high demand by blue and white collar workers attracted by the thriving job market supported by the nearby port and upcoming data centre. 

For comparable evidence of the strength of sales and rentals locally please view our reports by accessing the links below:

Seller: https://report.homesearch.co.uk/view/ZmI5M2U1ZWIzNzQ0MGQ2OWRiNWRlY2UxMDA5ZTRlZWE=

 

With Savills’ predicted growth rate for this area of 26.4% in the next 4 years, and with it being a key hotspot for growth & commercialism, an investor will witness healthy capital appreciation in the years to come!

*reference:  https://www.savills.co.uk/insight-and-opinion/research-consultancy/residential-market-forecasts.aspx 

 

✅Potential Gross Rental Yield – 9.27%

✅Situated in Blyth which is destined for significant growth

✅Strong employment and Regeneration hotspot 

✅26.4% capital appreciation predicted in next 4 years

Ideal for hands off investor seeking turnkey freshly renovated property 

Summary & Financials

Purchase Price - £110,000

25% Deposit - £27,500

Stamp Duty - £5,500

Legal fees - £1,600 (approx.) 

Our fees - £4,794 

Mortgage Fees - £1,000 (approx) 

Tenant Onboarding Fees + Compliance: £1,000 (approx) 

Total Cash Required: £41,394

Rental Income: £850pm

Mortgage of £82,500 @ 5% = £344pm

Property Management: £85pm

Insurance: £30pm

Net Profit: £391pm

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Local Area Information

A deep dive into property market trends and investor insights

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