Close House, Bishop Auckland

  • £170,000
Close House, Bishop Auckland, UK, Bishop Auckland, Durham
For Sale Hot Offer
Close House, Bishop Auckland
Close House, Bishop Auckland, UK, Bishop Auckland, Durham
  • £170,000

Overview

Property ID: ML18207
  • HMO
  • Property Type
  • 6
  • Bedrooms
  • 3
  • Bathrooms

Description

We have a property located in Shildon which is a four-bedroom HMO on a social housing contract. There are no maintenance costs as well as no utility costs, this is a hands-free investment. The contract is in place for the next five years giving an 11.01% Net Yield and a monthly income of £1,300 which increases each year. We estimate it to be a 14.64% Net Yield by year five.

 

If you would like more information call the office on 01642 503338

 

Thanks

  • Address Close House, Bishop Auckland, UK
  • City Bishop Auckland
  • County Durham
  • Postal Code DL14 8RS

Details

Updated on May 22, 2024 at 2:11 pm
  • Property ID: ML18207
  • Price: £170,000
  • Bedrooms: 6
  • Bathrooms: 3
  • Property Type: HMO
  • Property Status: For Sale

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Energy Class

  • Energy class: D
  • Global Energy Performance Index:
  • A+
  • A
  • B
  • C
  • | Energy class D
    D
  • E
  • F
  • G
  • H

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