Business for sale

Business description

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 modernised 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..