Mixed commercial/residential block in the Northeast
Fully tenanted block at a price of £220,000 (locally valued at £300,000)
- Great discount circa £70,000
- Impressive Rental yield 9.7% pa
- Diverse Property mix of part commercial and part residential block
- Steady Income of £1,785 per month/ £21,420 pa
- Market rent is estimated at £22,800 pa/ 10.4% pa potential rental yield
- Financing options may be available
- Minimal Stamp Duty just £1,400
- Managing agent already in place
- Freehold Block