House For Sale £75,000
UK Property Group are excited to bring to the market this excellent investment opportunity to acquire a 5 property portfolio in Hartlepool at a guide price of £340,000. 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.
*Auction Date and Time*
Property is listed in our End of the Year 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.
*Unconditional Online Auction Procedure*
The Purchaser shall pay a 5% deposit (subject to a minimum of £3,000) upon the fall of the hammer. In addition, a Buyer-s Premium of 3% or minimum of £1995.00 + VAT and contracts are exchanged. The purchaser is legally bound to buy, and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated). The Agent has not tested the utilities, appliances, or inspected the roof space. The floor plans and dimensions are for guidance only.
*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.
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.
*Auction Date and Time*
Property is listed in our End of the Year 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.
*Unconditional Online Auction Procedure*
The Purchaser shall pay a 5% deposit (subject to a minimum of £3,000) upon the fall of the hammer. In addition, a Buyer-s Premium of 3% or minimum of £1995.00 + VAT and contracts are exchanged. The purchaser is legally bound to buy, and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated). The Agent has not tested the utilities, appliances, or inspected the roof space. The floor plans and dimensions are for guidance only.
*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.
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