2 Bed Flat, Cash/Bridging Only, Chester-le-Street, DH2 2AR £98,500

Elm Street, Durham, DH2 2AR - 2 views - 7 months ago
Sold STC
Cash
~68

Property History

Listed for £98,500

June 8, 2025

Description

  • 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 +

*Cash Investors Only*

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

Agent Details

TKI Residential, Leeds

0113 322 4750

Next Steps?

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