£ 98,823
Added: 02/05/2025
Profit pa£8,400
ROCE8%
Yield9%
Property description
Strategy: Buy to Let
“Exceptional Investment Opportunity – 2-Bed Terrace in Shildon”
Discover a hands-off, high-yield investment in the thriving town of Shildon.
This newly renovated 2-bedroom terraced property is part of a government-funded supported housing scheme, providing stable, long-term income with minimal landlord responsibility.
Key highlights:
- 25-year lease to a reputable social housing provider
- Index-linked rent ensuring your income keeps pace with inflation
- Full FRI lease – tenant covers all repairs, maintenance, and insurance
- Reliable, government-backed income – supported housing with guaranteed payments
The financials:
▪ Purchase price: £98,823
▪ Annual profit: £8,400
▪ ROCE: 8%
▪ Yield: 9%
Sourced reference: 483991474233323
Disclaimer
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Due diligence
No information supplied.
