properties for sale
Newcastle Opportunity
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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.
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
