10/10/2020
LEASE OPTION: (Est. Net Profit £250 PCM)
Koya Properties are delighted to present this 7 year lease option in Houghton Le Springs.
The option to purchase is set over 7 years, which allows you to secure the property at today’s option price without finance for the option term. This enables you to benefit from potential capital growth as well as surplus rental income during the term.
This property comprises 2 bedrooms, Living Room, fully fitted kitchen, WC & family bathroom. The property benefits from a small courtyard garden to the rear.
We understand the property has recently been refurbished and is currently tenanted at £425 pcm.
Houghton-le-Spring is a town in North East England. It is situated between the cathedral city of Durham 7 miles (11 kilometres) southwest and Sunderland about 7 mi (11 km) northeast. The town of Seaham and the North Sea lie about 5 mi (8 km) directly east. The villages and towns of Newbottle, Fencehouses and Hetton-le-Hole lie nearby. It has a population of 36,746.
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