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House For Sale £70,000
Carr Street, Stockton-On-Tees TS18


Description
***rental investor opportunity***
A well presented two bedroom mid terraced house which internally comprises of entrance vestibule, lounge into dining area, conservatory, kitchen, bathroom/WC, landing and two double bedrooms. The property benefits from gas central heating and uPVC double glazing and has a smart and modern kitchen and bathroom. There is also an enclosed yard to the rear. The property comes with tenants in situ and they are on a long lease with a return the rent for this property is currently achieving between 7% and 8% net yield. The property is let on the current government backed Long term contract for social housing use with a major Blue chip plc, There are no other costs for the owner. There is no Council Tax, Utility Bills are all covered within the contract. No voids…no maintenance unless structural…no management. This saves the investor time and money. The lease is 7 years plus option for further 3 years.

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

  
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