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Ashington Opportunity

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Property Sales

Currently Available

We're delighted to present this new residential investment opportunity for your consideration as a valuable addition to your investment portfolio.  
 
3 Bedroom Apartment
 
Our Exclusive Price- £70,000
 
Market Value - £80,000
 
Market Rent - £650 pcm
 
 Holland Asset Management are delighted to offer our investors a fantastic investment opportunity to purchase this well presented three bedroom apartment for only £70,000.  
 
Situated in the Ashington area of Northumberland this property lends itself well to those working in Ashington or commuting to nearby Blyth, Bedlington, Cramlington Newbiggin or Newcastle. 
 
 For comparable evidence that showcases how compelling this opportunity is please visit the following links: 

 Lettings: https://report.homesearch.co.uk/view/NGFjYjMwYWFkYzAxYTRkYjY5YTRlYWU4ZjUxMzdhN2I%3D 

With Savills’ predicted growth rate for this area of 28.2% 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! 

 

Commutable to Durham, Sunderland, Gateshead and Newcastle  

✅  Market Rent Gross Yield 11.14%  
 

 28.2% capital appreciation predicted in next 4 years

Property recently refurbished to a high standard and rent ready  

Summary & Financials

Property Type –  3 Bedroom Apartment 
 
Purchase Price -  £70,000  
 

Acquisition Costs

  •  Purchase Price  £70,000 
  •  Discovery & Processing Fee -  £3,995 + VAT (£4,794) 
  •  Stamp Duty -  £3,500 
  •  Legals -  £1,500 

 Total -  £79,794  

Monthly Income/Expenditure

  •  Rent £650 pcm 
  •  Property Management: £78pm 
  • Insurance: £20 pm
     
    Net Profit -  £552pm 
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Area Brochure

A deep dive into property market trends and investor insights

Download here 

 

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