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Property Blog - Stanley 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- £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.uk/view/ODY3NWQ5NmQ3ZjlkNWNkMDU1NzUxZGI2Mjg0NTg2MDU%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 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 pm
     
    Net Profit -  £552pm 
Avon Road, Stanley
 

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