This is a discounted, DTV portfolio of 4 x tenanted freehold houses in Stockton-on-tees in the North East.

Properties:
1) 3 bed mid-terrace - let at £650 per month with long term tenant
2) 3 bed mid-terrace - let at £650 per month with long term tenant
3) 3 bed mid-terrace - let at £650 per month with long term tenant
4) 2 bed mid-terrace - let at £470 per month with long term tenant

The financials:
▪ Purchase price: £300,000
▪ Value: £348,000​
▪ Annual profit: £15,000
▪ ROCE: 16%
▪ Yield: 10%

▪ Market value: £348,000
▪ Discount: 13.8%
▪ Monthly profit: £1,240

There is also an option to purchase 2 additional properties from the seller at a discounted rate. This is a turnkey investment with long term tenants and a good quality management agent looking after the properties.

Enquire for full details.

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.