Global Property Guide

Financial Information for the Residential Property Buyer

Townhouse

Full Description

This two bedroom terraced house is located in the popular town of Hartlepool 25.03 miles from the centre of Newcastle upon Tyne. There are 8 years remaining on the New Build Warranty Certificate NHBS. The property has been successfully tenanted since the property was first purchased.The rent is £525 pcm. The property includes modern kitchen, bathroom, new central heating system, double gazing and fully carpeted. A fantastic low maintenance property and ready to go investment. The property is also currently valued at £77,000

This property benefits from its proximity to the shops and amenities of Hartlepool. It is also only 1.5 miles from the marina with many restaurants and shops.

Investment Details

Purchase price: 74,900

Gross annual rental income: £6,300

Property running costs: £2,055
(Tax, insurance and management costs)

Net annual rental income: £4,245

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

Return on investment: 8%

Key Information

Property ID: 32891700
Location: United Kingdom, England, County Durham, Hartlepool
Categories:
  • House
  • Townhouse
Bedrooms: 2
Bathrooms: 1
Price:
  • £74,900
  • €89,010
  • $96,800
Short Description:

This large two bedroom house is amazing value at £74,900...