Here we have a nice 2BED apartment for sale for £36,000 which has been completely refurbished.
This is offered for sale at £36,000.
The property has been extensively refurbished with new carpets, re-paint throughout and is immaculately presented. This will give many years of trouble free investing!!
This property sold in 2008 for £62,500 meaning it is now offered for sale at 42% (£26,500) BELOW that previous sales price!
Zoopla are estimating its valuation today at £60,000 see link by clicking HERE
Address: 33 Ennis Square, Redcar. TS10 5JZ
NET yield: 12.75% per annum
A well presented 2 bedroom apartment in a popular residential area close to all amenities.
The property is currently managed by a trusted, local letting agent and this makes this deal a completely hands off or an arm chair investment with minimal input from you!
99 Year Lease
No Service Charge
Ground rent only £50 per year (£4.16 per calendar month)
Freeholder is Lloyds Pharmacy (down stairs)
Good location – Located in a parade of shops
Recent carpets and décor throughout