Elm Street, Durham
- PROPERTY TYPE
House
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- NET Rental Income of £12,500 PA
- 10 Years Rental Assurance
- High Yield of over 9% NET
- Full Renovation Carried Out To Meet Housing Association Standards
- Maintenance, Utilities other usual expenses are covered by the Housing Association
- Low Risk and Extremely High Rewarding Investment
Description
A well presented 2 bed freehold with an assured rental for 10 years paying £700 per month.
The property is rented to the Housing Association with a 10 year FRI (Full Reparing and Insuring) agreement in place allowing the new investor a hassle free investment.
Key Points to the Investment:
•Zero maintenance or management costs
•Index linked – your income increases with inflation each year
•Fully renovated – each house is fully upgraded to the latest government housing standards and fully furnished
•Long-term capital growth – you own the house and benefit from the increase in the property value over time
•Exit any time – you are free to sell your house at any time using our dedicated resale service or through local estate agents
•Ethical investment – your house provides an essential home for vulnerable people
•Measurable, real-world social impact – your house transforms lives
Brochures
Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Elm Street, Durham
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Visit our security centre to find out moreDisclaimer - Property reference 33943254. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by TKI Residential, Leeds. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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