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Stunning 1 Bedroom Maisonette

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. 
 
Stunning 1 Bedroom Maisonette
 
Our Exclusive Price- £60,000
 
Market Rent - £500 pcm 
 

Holland Asset Management are delighted to offer our investors a fantastic investment opportunity to purchase this freshly refurbished one bedroom maisonette for only £60,000

Situated in the County Durham this property lends itself well to those committing to nearby Durham, Sunderland, Gateshead or Newcastle. In fantastic condition it makes for a viable turnkey investment for the more hands free property investor.
 

For comparable evidence that showcases how compelling this opportunity is please visit the following links:

Lettings: https://report.homesearch.co.uk/view/NmM2NjhhNzVmNTg3YTQ1N2YzMzNiODM4MDAyOTkwMDY%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 10%

 Turnkey Investment – available with tenant in situ

28.2% capital appreciation predicted in next 4 years

✅Freshly Refurbished to a high standard

Summary & Financials

Property Type – 1 Bedroom Maisonette
Property Condition - Excellent
 

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

Total - £69,294

Monthly Income/Expenditure

  • Rent £500 pcm
  • No Service Charge
  • No Ground Rent
  • 999 year lease
  • Property Management: £72pm
  • Insurance: £20 pm

Net Profit - £408pm

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Fully Refurbished

New Bathroom
New Kitchen
New Boiler Less Than a Year Old 
Upgraded Electrical
New Flooring Throughout
Fully Redecorated 
Fresh Gas & Electrical Safety Certs
 

Area Brochure

A deep dive into property market trends and investor insights

Download here 

 

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