High Yielding Investment in
Northumberland


School Avenue, Guidepost, Northumberland, NE62 5DN


Market Value £85,000
Purchase Price £65,000


Est. Rent £575 pcm
Discount £20,000

PROPERTY TYPE

Semi Detached

BEDROOMS

 x 3

BATHROOMS

x 1

Freehold. 3 bedroom semi-detached. Good condition. 


- Driveway


• Residential Area!
• Near Local Amenities and Transport Links!
• High Yielding Investment!


Comparables
56 Cleaswell Hill - A 3 bedroom semi-detached, sold in August 2020 for £90,000.
School Avenue - A 2 bedroom semi-detached, Sold STC £90,000.





PROPERTY TYPE

Semi-Detached

BEDROOMS

x 3

BATHROOMS

x TBC

Fully Licenced, Active HMO 

  • 20 bedrooms (2 Adjoining terraced properties)
  • Part good condition with works to be done on remaining 10 flats.
  • Standard construction
  • Refurb required: 10 flats currently part-refurbished
  • Refurb costs: Costs to refurb remaining flats is approx. £80,000  (Builder's quote)

*10 flats currently bringing in £54,000 per annum. The other 10 flats currently part-refurbed will bring in another £54,000 per annum once completed.


• Situated on the Main Road!
• Few mins away from Hull City Centre!
• Easy Access to Shops, Amenities and Transport Links!
• High Rental Demand!
• Proven Area - Area with a lot of Private Landlords!
Freehold. 3 bedroom semi-detached. Good condition. 

- Driveway


• Residential Area!
• Near Local Amenities and Transport Links!
• High Yielding Investment!


Comparables
56 Cleaswell Hill - A 3 bedroom semi-detached, sold in August 2020 for £90,000.
School Avenue - A 2 bedroom semi-detached, Sold STC £90,000.

  • Why Birmingham?


    Heaviliy Developing City comes with million of Opportunites


    New development throughout the recent years:


    HSBC relocation

    New transports facilities  - Trams for inner and outer city

    New street Station redevelopment

    China Town redevelopment

    Grand Central


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