Robinsons | Robinsons Properties for Sale in TS18 1JY

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Varo Terrace, Stockton-On-Tees, TS18 1JY £257,000

Selling Agent

Robinsons - Stockton
21 Bishop Street, Stockton,TS18 1SZ

T: 01642 607555

A fantastic opportunity to purchase a freehold property which is currently let. The lease is quite unique in that it offers full repairing & insuring (FRI) lease on a residential property which is only generally found on commercial/retail. The terms of the lease affective from late 2019 is for a fixed term of 7 & 3 years (10 years total). Net rents annually of £18,000 which is 7.0% net return, this is important prospective buyers/investors understand its NET. Thi ...

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