Mid-terrace house in Mill Avenue, North East
All properties

North East · Ref AP-2110

Mill Avenue, North East

Mid-terrace house · 3 bedrooms · Freehold

£90,000

Market value

£80,000

Audax price

£625

Monthly rent

9.4%

Gross yield

£10,000 instant equity 9.4% gross yield

About this deal

Sourced off-market from a inheritance disposal, this 3-bedroom mid-terrace house in North East was negotiated at £80,000 against an open market value of £90,000 — an instant discount of £10,000. Ready to let and fully managed, it delivers an uplifted rental yield of 9.38%.

Deal highlights

  • Inheritance disposal
  • 9.38% uplifted yield
  • £10,000 discount
  • Below market value