Global Property Guide

Financial Information for the Residential Property Buyer

Townhouse

Full Description

This refurbished 2 bedroom mid-terraced house comes with a brand new kitchen/dining room, UPVC double glazing and gas central heating. It has a large lounge, 2 bedrooms and a bathroom/wc. Externally, the property boasts lawned garden with patio area to the front and yard to rear.

This property is located in Hetton Town right next to all of the local amenities, the local school is only five minutes away. Hetton is very centrally located in the Nort h-east, it is just over 16 miles from Newcastle City and 8 miles from the city of Sunderland.

 

Investment Details

Purchase price: 42,900

Gross annual rental income: £4,500

Property running costs: £1,776
(Tax, insurance and management costs)

Net annual rental income: £2,724

Investment calculation - Net Income divided by Purchase price = NET ROI.

Return on investment: 10%

Key Information

Property ID: 32058793
Location: United Kingdom, England, County Durham, Murton
Categories:
  • House
  • Townhouse
Bedrooms: 2
Bathrooms: 1
Price:
  • £42,900
  • €50,980
  • $55,440
Short Description:

This large two bedroom house is amazing value at £42,900...