Skip to content
properties for sale

Newcastle Opportunity

Property Sales
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.
 2 Bedroom Terraced House
 
Our Exclusive Price- £60,000
 
Market Value - £81,000
 
Holland Asset Management are delighted to offer our investors a fantastic investment opportunity to purchase this recently refurbished two bedroom house for only £60,000. A further opportunity to add value to this house exists with an additional light renovation costing circa £5,000.
 
Situated in the Chopwell area of Newcastle this property lends itself well to those working in Sunderland or commuting to nearby Durham, Gateshead or Newcastle.
For comparable evidence that showcases how compelling this opportunity is please visit the following links:
 

 

Lettings: https://report.homesearch.co.uk/view/ZjIwYjljMDllOTJmNDk3NzFjZWU0ZDE5ZWIyZjNjMjk%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 13% 
 

28.2% capital appreciation predicted in next 4 years 

✅  Recently Refurbished with scope to add further value  

Summary & Financials

Property Type – 2 Bedroom Terraced House 
 

 Purchase Price - £60,000 

Acquisition Costs

  •  Purchase Price £60,000 
  •  Discovery & Processing Fee - £3,995 + VAT (£4,794) 
  •  Stamp Duty - £3,000 
  •  Legals - £1,500 
  •  Refurb - £5,000 

Total - £72,294

Monthly Income/Expenditure

  •  Rent £650 pcm 
  •  Property Management: £78pm 
  •  Insurance: £20 pm 

Net Profit - £552pm

image-0-1024x1024
 

Area Brochure

A deep dive into property market trends and investor insights

Download here 

 

Share this post