Business for Sale Overview:
The North East of England is a stable property market – up 5.5% in 2008.
This excellent opportunity is to acquire a ready made property investment portfolio with good potential for future growth and currently with 5% return on current rental. The fifteen terraced properties in the portfolio have been fully refurbished during 2006/2007, and have been modernized to a very high standard. All are fully occupied with excellent long-term tenants at a total rental income of £65,220.00 per annum.
This property portfolio of owner-operated buy to let properties is in a well settled, central area of Hartlepool, North East England, where there is a good demand for rental properties of the type in this portfolio. The properties are in a good location within easy reach of all amenities and are a superb opportunity for someone seeking income from a well managed and maintained investment.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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