- Fully tenanted
- 7.8% yield
- Portfolio of 6 properties
- Long term tenants
Sourced are excited to present this fully tenanted portfolio of 6 properties with excellent rental yields.
TS13 4RU Lumley St. Bought June 2018. Current tenant has been in since 17th September 2019. Latest agreement signed 11/12/20. Daughter in law of tenant at TS13 4SA. Current rent is £450 PCM paid direct from council with a £30 top up from tenant. Wants long term agreement. Prior to tenant moving the property was fully refurbished.
TS13 4SA High Row. Identical original build to Lumley St, does not have an extension. Upstairs bath reduces it to 2.1/2 bedrooms.(would be considered three in London) Bought 2006. Current tenant has been in since October 2013. Current rent £416 PCM. Says she wants long term. Recent new kitchen /Boiler.
TS13 4RY Cliffe Cres. Bought 2007. Current rent £390 PCM. Tenancy due for renewal on 6/1/21 but tenant says he wants to stay. House was bought from a builder who modernised it however vendor has replaced the bathroom and boiler.
TS13 4JF North Tce, Bought June 2008. Was a full refurb. This was bought as a holiday let due to its location on the Cleveland Way Walk and its outstanding views however my friends daughter wanted it to live in. Current tenant has been in since June 2019, she took over the tenancy from her ex partner who in turn took it over from his sister. Been with the same family since April 2013 Current rent £447.17 PCM but agreed for five years.(tenancy is dated 11/12/20 for twelve months but morally my agreement is cast in stone.
Guisborough is a more affluent town closer to Middlesbrough. About 11 miles away. For this reason I have a manager (who is good) run these for me, Never have any problem letting here.
TS14 6NA Wilson St. Bought November 2006.Was a full refurb. Net rent after fees £385 PCM. Not sure on tenancy as managed house.
TS14 6NA Wilson St Bought April 2017. Bought ready to use. Rent after fees £410.00PCM. Not sure on tenancy as managed house.
Selling Office: Manchester Central