Mystery residential investment opportunity in Bamburgh
Located in one of the most prestigious locations within the highly sought after village of Bamburgh is this amazing opportunity to acquire 5 well established letting cottages situated in one dwelling.
The cottages have an established letting income of over £200,000 and provide a net return on capital in excess of 7% PA.
The opportunity includes:
2 x 1 bedroom cottages 2 x 2 bedroom cottages 1 x 3 bedroom cottage
Each cottage enjoys stunning uninterrupted views over Bamburgh Beach, its historic Castle and the village itself, all from its highly privileged and rare location.
The cottages currenly have strong demand from regular and repeat clients.
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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