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

• Purchase Price - £110,000
• Stamp Duty - £0 (Commercial Property)
• Discovery & Processing Fee - £3,995 + VAT (£4,794)
• Legals - £1,600
• Total Cash required - £116,394
• Rental Income - £880 per month
• Property Management - £0 per month (self managed)
• Insurance - £0 (paid for by the tenant)
• Net Rental Income - £880 per month

✅Easily commutable to Newcastle & Sunderland

✅Current Rental Yield 9.6%

✅28.2% capital appreciation predicted in next 4 years

✅Prime letting opportunities

Holland Asset Management are delighted to offer our investors a fantastic investment opportunity to purchase this combined commercial unit & 1 Bed Apartment for only £110,000!

This beautiful property is situated in Crook, County Durham, only a short commute to Newcastle and Sunderland. This is a fabulous opportunity for those looking to expand their property portfolio. The retail unit is located on the ground floor of a two storey brick terraced property. Currently used as a dog grooming salon, the unit has been redecorated and can be used for various uses. With an open plan retail area and a kitchen, with w/c facilities, there is also on street parking and a shared rear yard. 

With great transport links to some of the fastest growing cities of the North, these properties will attract excellent tenants ongoing, so there will be no shortage of interested parties in the future, wanting to take advantage of those local opportunities!

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 & regeneration, an investor will witness healthy capital appreciation in the years to come!

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