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Stunning 2 Bedroom 2 ensuite Cottage

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 2 Bedroom 2 ensuite Cottage
 
Our Exclusive Price- £73,000
 
Current Rent - £750 pcm
 

Holland Asset Management are delighted to offer our investors a fantastic investment opportunity to purchase this recently refurbished two bedroom maisonette for only £73,000

Situated in the City of Sunderland this property lends itself well to those working in Sunderland or commuting to nearby Durham, 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/OGJkNTQ4MTYwOTZlMzIzOWVjOTdjMWJjNjI1NDI4YjY%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 12.32%
 

 Turnkey Investment – available with tenant in situ

28.2% capital appreciation predicted in next 4 years

Recently Refurbished to a high standard

Summary & Financials

Property Type – 2 Bedroom 2 Ensuite Cottage
 
Property Condition - Excellent
 

Purchase Price - £73,000

Acquisition Costs

  • Purchase Price £73,000
  • Discovery & Processing Fee - £3,995 + VAT (£4,794)
  • Stamp Duty - £3,650
  • Legals - £1,500

Total - £82,944

Monthly Income/Expenditure

  • Rent £750 pcm
  • Property Management: £90pm
  • Insurance: £20 pm

Net Profit - £640pm

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Fully Refurbished

New Ensuites
New Kitchenettes
New Electrical Heating System
Upgraded Electrical & Full Rewire
New Flooring Throughout
Fully Redecorated
 

Area Brochure

A deep dive into property market trends and investor insights

Download here 

 

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