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

Purchase Price - £110,000

• 25% Deposit - £27,500
• Stamp Duty - £5,500
• Discovery & Processing Fee - £4,794
• Legals - £1,600
• Mortgage Fees - £1,000 (approx)

Total Cash Required - £40,394

• Current Rental Income - £695pm
• Management Fees - £70pm
• Insurance - £30pm
• Mortgage @ 4.49% - £308pm

Net Profit - £287pm

✅1 Bedroom Apartment

✅Our Exclusive Price- £110,000

✅Market Value - £120,000

✅Current Rental Income £695 pcm

✅Situated in upmarket tourist hotspot

✅Market Rent Gross Yield 7.58%

✅Commutable to Newcastle in 25 minutes

✅28.2% capital appreciation predicted in next 4 years

✅Market Value £120,000

Holland Asset Management are delighted to offer our investors a fantastic investment opportunity to purchase this below market value one bedroom apartment for only £110,000!

An excellent second floor flat just a few steps away from the sea front in Cullercoats. Ideal for investors. Briefly comprising: communal entrance hall, lounge, kitchen, bedroom and bathroom/WC. There is a small balcony and off street parking to the rear. Double glazing and gas central heating.

For comparable evidence that showcases how compelling this opportunity is please visit the following links:

Seller: https://report.homesearch.co.uk/view/ZjIxMDc5YTBhZWJlODg2MjA4YjgzMTZjMjNlYjEyMGE=

Lettings: https://report.homesearch.co.uk/view/YTI1MGFjZmM3MGY2NjkzMmEyN2E0NDZlODc2ZDE1NDg%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 & tourism, 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