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£98,500

2 bed property for sale
Elm Street, Durham DH2

    • 2 beds

    • 1 bath

    • 1 reception

  • Freehold

TKI Residential

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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

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Property descriptions and related information displayed on this page are marketing materials provided by - TKI Residential. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact TKI Residential for full details and further information.