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Location
Sunderland

Price
Prices From £49,950

Return %
9% NET Return Guaranteed

Feature
Proven Track Record

INVESTMENT HIGHLIGHTS

NET Rental Return – 9%
Rental Assurance – 3 Year
Completion Scheduled -Q3 2018
1 bed apartments – 10
Studio Apartments – 2
Ground Rent – £250 Per Annum
Developer – Alex Shanks
Rental manager – JH National
Tittle Deed – 250 Year Lease Hold
Rental income – Paid Quarterly in arrears

KEY INVESTMENT FEATURES

Located in the heart of Sunderland’s city centre, Fawcett Street offers a selection of just 12 studios and one-bedroom apartments that allow potential purchasers to capitalise on the growing status of this iconic north-eastern city.

Providing tenants with a fully fitted kitchenette, complete with an electric hob and fridge freezer, as well as a contemporary shower room, every element of Fawcett Street has been carefully selected to appeal to Sunderland’s growing population of young professionals and students.

Less than 0.1 miles from the city’s entertainment district, shopping centres and main transport hubs, Fawcett Street offer purchasers a 9% NET rental return (excluding ground rent) for 3 years and is due to complete in Q3 2018 – with prices starting from just £49,995.

Studio Apartments from £49,950
1 Bedroom Apartments from £59,950

Time Frames: Completion: Targeted Q3 2018

HOW TO PURCHASE

Step 1 Reservation – Reservation agreement completed & £2,000 non-refundable fee paid and deducted from the deposit on exchange

Step 2 Solicitors Instructed – Solicitors instructed, legal pack sent out & anti-money laundering process completed

Step 3 Exchange of Contracts – 25% of purchase price is paid, less the reservation fee, paid to solicitors & contracts exchanged within 28 days of reservation

Step 4 Stage Payment – A further 25% of the purchase price is paid 60 days post exchange of contracts

Step 5 – Legal Completion – The remaining 50% of the purchase price is paid, the purchase is completed, and Title Deeds registered with the UK Land Registry

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