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Investment Property: 10% Net Return. 7 Year renewable lease

240 Mossbay Road, Clay Flatts Industrial Estate, Workington, UK

For Sale

£104,000.00

Property Description

We are pleased to present this property investment opportunity.


10.4% return: £57,000 + £45,000 refurbishment: total £102,000. #


Annual rent £10,608.


Property will require refurbishment organised by retained agent and then will be leased to housing association for 7 years (renewable term) for a rent of £10,608 per year generating a 10.4% return.


Housing association lease agreed in advance and lease document provided prior to purchase.

Contact Agent

FindHomesForSale

07769022640

Property Details

Property Type

Investment Property: 10% Net Return. 7 Year renewable lease

Bedrooms

3

Bathrooms

1

Size

700 sqft

Floors

8

Year Built

2000

Property Location

240 Mossbay Road, Clay Flatts Industrial Estate, Workington, UK

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