Investment Opportunity: Two Renovated Homes with Tenants in Place, Generating ?1,000 PCMPresenting a unique opportunity to acquire two renovated two-bedroom terrace homes in Grange Villa, both with tenants already in place, generating a combined rental income of ?1,000 per calendar month. Each property boasts a full array of enhancements, including a new kitchen, bathroom, windows, doors, heating system, and electrical rewiring. The interiors feature new flooring and fresh d?cor throughout. Both homes offer a spacious layout, with two generously sized bedrooms the master bedroom in particular is exceptionally large. The ground floor of each home includes a welcoming lobby, a sizeable lounge, and a modern fitted kitchen, along with a splendid family bathroom.Additionally, both properties benefit from enclosed rear yards, providing outside space. Situated in the village of Grange Villa, these homes are ideal for commuters, with excellent road connections and convenient local amenities. Further shopping and services are available in the nearby towns of Chester Le Street, Stanley, and Birtley.This is an excellent investment opportunity with immediate rental income and fully tenanted properties, ready for an investor looking to expand their portfolio. Nb. The photos provided were taken prior to the tenants moving in.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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