properties for sale
Property Blog - Stanley Opportunity
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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- £68,000
Market Value - £83,000
Market Rent - £650 pcm
Holland Asset Management are delighted to offer our investors a fantastic investment opportunity to purchase this well presented two bedroom house for only £68,000.
Situated in the Stanley area of County Durham this property lends itself well to those working in Stanley or commuting to nearby Durham, Gateshead, Sunderland 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 11.47%
✅ 28.2% capital appreciation predicted in next 4 years
✅ Property in good order with long term tenant in situ
Summary & Financials
Property Type – 2 Bedroom Terraced House
Purchase Price - £68,000
Acquisition Costs
- Purchase Price £68,000
- Discovery & Processing Fee - £3,995 + VAT (£4,794)
- Stamp Duty - £3,400
- Legals - £1,500
Total - £77,694
(Also available to buy with a mortgage)
Monthly Income/Expenditure
- Rent £650 pcm
- Property Management: £78pm
-
Insurance: £20 pmNet Profit - £552pm
