Redcar Road, Guisborough, TS14 6HR
£275,000
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2035
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
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Area highlights
Property snapshot
Terraced house
1,346 sq ft
6 Bedrooms
1 Bathroom
Tenanted
Freehold
Overview
This 6-bedroom HMO property on Redcar Road in Guisborough is a solid investment opportunity, offering a gross yield of 14.1%. Currently tenanted, the house generates an annual rental income of £38,880. Each room is rented for between £520 and £560 per month. The property is in a desirable location, close to local schools and with convenient transport links. The total investment comes to £82,813, and the net annual cashflow is £28,560. If you’re looking for a high-yielding HMO with stable returns, this property could be a strong addition to your portfolio.
What our customers say about us
Graham
Buy-to-let investor
“The Getground service really makes the process of setting up and running a SPV company, and associated banking, a seamless easy process all for a low monthly fee. Support has always been on hand when needed with help for accounting submission etc. Highly recommend!”
Shivraj
Buy-to-let investor
“Technical support and the guidance the team provides are simply the best !! The team is quick to respond to your queries and regular follow-ups ensure the matters are resolved to satisfaction. I highly recommend Getground to anyone who has property in the UK and wants the best support.”
Raghda
Buy-to-let investor
“GetGround manages my property from A to Z. The process from the beginning until today is running smoothly. They provided consultation, step by step setup guide, and also the response rate was very high when I contacted their customer care department.”
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