£98,500
2 bed property for saleElm Street, Durham DH2
2 beds
1 bath
1 reception
- Freehold
TKI Residential
.png)
About this property
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
Zoopla insights
Sign in and gain expert analysis to make informed decisions
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.