Princes Street, Bishop Auckland

  • £110,000
Princes Street, Bishop Auckland, UK, Bishop Auckland
Sold Sold
Princes Street, Bishop Auckland
Princes Street, Bishop Auckland, UK, Bishop Auckland
  • £110,000

Overview

Property ID: ML18468
  • HMO
  • Property Type
  • 4
  • Bedrooms
  • 1
  • Bathroom

Description

We have a property located in Bishop Auckland which is a four-bedroom HMO on a social housing contract. There are no maintenance costs as well as no utility cots, this is a hands-free investment. The contract is in place for the next five years giving a 9% Net Yield and a monthly income of £953 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 Princes Street, Bishop Auckland, UK
  • City Bishop Auckland
  • Country United Kingdom

Details

Updated on June 24, 2024 at 7:51 pm
  • Property ID: ML18468
  • Price: £110,000
  • Bedrooms: 4
  • Bathroom: 1
  • Property Type: HMO
  • Property Status: Sold

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Energy Class

  • Energy class: D
  • Global Energy Performance Index:
  • A+
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  • | Energy class D
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