- 5 Bed 3 Bath HMO +
- Brand New - Full Back To Brick Refurb +
- Wanted Location By Councils & Charities +
- Hands Off Investment Opportunity +
- Gross Income - £22,200 PA +
- Gross Yield - 22.2% +
- Expected Net Yield - 15%+ +
- Buyers Fee - £2,500 Inc VAT +
Calling all investors - This is a property not to be missed and will not be around for long!
SFT Property are delighted to bring this 5 bed 3 bath HMO in Stockton-On-Tees offering a excellent gross yield of 22.2%.
The property is currently in its final stages of a full back to brick refurb and offering a great quality of build. All warranties, guarantees and building control sign off in place. It is now in the process of being decorated throughout with flooring and due to be completed within a few weeks.
A fantastic hands off investment, with multiple options of income -
Option 1 - Local council offering £22,200 PA with individual tenancies but rent paid directly between council and landlord. Landlord will be liable to cover bills. Managing agent charges 10%.
Option 2 - Local Charity offering £9,600 PA on a 5 year lease with all maintenance and bills paid by the tenant. Perfect for a fully hands off investment with a net yield of 9.60%.
Located close to Stockton town centre, the property is within easy reach of shops, transport links, and local amenities and is perfect for investors looking for secure, long-term returns.