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Contact Property Investor App

Property Investor App

Posting for 3+ years

0190277XXXX

9 bedroom house in Aynsley Terrace

Consett, County Durham

£295,000.00

Property Investor App

Posting for 3+ years

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Contact Property Investor App

0190277XXXX

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Posted
13 hours ago
Seller Type
Agency
Property Type
House
Number Of Bedrooms
9

Description

Below Market Value

9 Bedroom HMO

Aynsley Terrace, Consett, DH8 5NF

Purchase Price = £295,000

Market Value = circa £325,000

Finder¢--s Fee = £5,000 + Vat

Potential Gross Income = £2,925 pcm = £35,100 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £1,251 pcm = £15,012 per annum

Self Managed = £1,602 pcm = £19,224 per annum

For a limited time only, we have managed to secure a nine bedroom HMO within proximity to Consett Town Centre.

The property is in good condition, done to HMO standards with brand new furniture packs and white goods. It is currently vacant but once fully let, it would achieve great cashflow.

The property had a license before but the current owner is overseas and couldn¢--t get a license in his name.

The property is conveniently situated in a popular location within proximity to great transportation links, town centre, local shops, and all local amenities.
Agent: Property Investor App Limited
Agent Ref: 000061020_50

Ad ID: 1423669605


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