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House For Sale £340,000
Rugby Street, Hartlepool, County Durham TS25


Description
UK Property Group are excited to bring to the market this excellent investment opportunity to acquire a 5 property portfolio in Hartlepool. All 5 properties are locked in a 5 year contract with asylum seekers with guaranteed rent. These properties are in very good condition, due to being in a 5 year contract the maintenance is covered and these contracts can be rolled over. Purchasing this portfolio will be a perfect addition to an investment portfolio with a 10% yield per property. Sitting in a prime location these properties are just a walk from local amenities and schools. All 5 properties can only be purchased as a portfolio.

Rugby Street-
This property comprises of a shared lounge, shared bathroom, shared kitchen, 3 spacious bedrooms and shared garden. With an income of £600pcm this property is achieving a 10% yield with no maintenance or minor works to be worried about as this is covered by the agency. This property is in good condition with no major works to be carried out making this a perfect addition to the 5 house portfolio and a ready income purchase. This property which is inclusive of the property portfolio boasts investors due to the long term income at the best possible rate.

Furness Street-
This property comprises of a shared lounge, shared bathroom, shared kitchen and 4 spacious bedrooms. With an income of £800pcm and a yield of 10% this property boasts investors due to having guaranteed rent for 5 years locked in with an asylum seekers agency, the maintenance on this property is all covered and no works have to be carried out when purchased due to the excellent condition this has been kept in.

Sheriff Street-
This property comprises of 3 spacious bedrooms, shared kitchen, shared lounge and a shared bathroom. This property is also in perfect condition with no works to be carried out as minor works will be carried out by the asylum seekers agency. This property is achieving £600pcm giving this also a 10% yield making this portfolio a perfect purchase to be an addition to an investment portfolio. Guaranteed rent for 5 years in a locked in contract with asylum seekers which will be rolled over makes this a long term investment for a buyer.

Derwent Street-
This property comprises of 3 bedrooms, shared kitchen, a shared bathroom and a shared lounge. This property has been well looked after with no money to be spent on. This property is also achieving £600pcm giving this a yield of 10%, this boasts investors due to the 5 year contract which can be rolled over for guaranteed rent. All minor maintenance is covered by the asylum seekers agency relieving the worry to carry out any works when purchasing the portfolio.

Everett Street-
This Property Comprises of 3 bedrooms, a shared kitchen, shared bathroom and a shared lounge. Achieving £600pcm gives this property a yield of 10% making this a perfect investment opportunity. Been kept in really good condition by the asylum seekers there are no minor works to be carried out on the property. Any minor maintenance is covered by the asylum seekers agency. This property boasts investors as it is ready to purchase as a portfolio, making this a perfect addition to any investment portfolio.

*Auction Date and Time*

Property is listed in our End of The Year Auction Property Auction

You must be registered in order to bid at the auctions,

To register please call the office on or email.

*Guide Prices and Reserve Prices*

Each property sold is subject to a Reserve Price. The guide Price is issued solely as a guide so that a buyer can consider whether to pursue their interest. A full definition can be found within the Buyers Section of our website.

*Pre /Post Auction Offers*

Some vendors will accept offers prior to auction, Whether the property sells pre or post auction the property is sold under common auction conditions this is inclusive of any special conditions contained within the legal pack for the property.

*Legal Pack*

The legal pack will be available online at least seven days prior to sale ending. It is the responsibility of the Buyer to have read and understood all parts of the legal pack and the conditions of sale. Upon bidding on the property, it will be assumed that you have read and fully understood the legal pack and your obligations.

Follow the link for more information:
        
zoopla.co.uk

  
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