Simpson Road

  • £140,000
Featured Sold Sold
Simpson Road, West Auckland, Bishop Auckland, UK, Bishop Auckland
Featured Sold Sold
Simpson Road
Simpson Road, West Auckland, Bishop Auckland, UK, Bishop Auckland
  • £140,000

Overview

Property ID: ML18155
  • HMO
  • Property Type
  • 5
  • Bedrooms
  • 2
  • 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 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 Simpson Road, West Auckland, Bishop Auckland, UK
  • City Bishop Auckland
  • Postal Code DL14 9JP
  • Country United Kingdom

Details

Updated on May 21, 2024 at 5:11 pm
  • Property ID: ML18155
  • Price: £140,000
  • Bedrooms: 5
  • Bathrooms: 2
  • Property Type: HMO
  • Property Status: Sold

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Energy Class

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