Overview
Description
Nationwide welcomes to the market this 2 INVESTMENT PROPERTIES. 2 Houses located in Seaham & Peterlee.
CURRENT INCOME RECEIVED £14,340
House 4 rental income – £6,600 p.a.
Large 3 bed centre terrace. Gas CH. DG. Back yard and long front garden. Good condition, rewired and replumbed, plastered so sound condition. Decorated and carpets replaced June 2022.
Tenancy commenced 27 July 2022. Rent £550 p.m. Working mother. Substantial guarantor.
House 5 rental income – £7,740 p.a.
Centre of 3 terraced houses, ex council, 3 bedroom. Gas CH (new boiler 3/22) DG. Open plan front garden, reasonable size back garden. Decorated and new carpets, new hob and oven Feb 2023.
Working parents, guarantor. Rental income – £545 p.m. plus average tax free Feed in Tariff of £100 p.m.
Turnover : Currently both rented out to provide £14,340 p.a. gross income.
FOR THE VALUABLE FREEHOLD PROPERTIES OFFERS over £160,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)
Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Freehold : £160,000 (M5542)
www.NationwideBusinesses.co.uk
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