We are delighted to offer one investor this fantastic opportunity to purchase a 3-bed house with double parking, built by award winning National Developer Taylor Wimpey from only £197,500.
Located in the charming town of Eaglescliffe, Yarm, Coatham Gardens is a development of contemporary 3 and 4 bedroom new homes. These high specification properties come with upgraded kitchens, quality appliances and 6ft fencing to the rear garden.
According to Letting Agent Leef Properties, Eaglescliffe is a popular area, with a strong rental demand. There is a short supply of properties of this type. Therefore, demand should be such that these properties achieve £875 - £925pcm, equating to a gross yield of up to 5.6%.
Reasons to Invest
- Built by National Developer, Taylor Wimpey;
- Scheduled to complete Q4 2022 / Q1 2023;
- Predicted yield of up to 5.6%;
- High demand rental area with a short supply of quality family properties;
Only a 16-minute drive from University Hospital of North Tees, and a 21-minute drive to The James Cook University Hospital;
- Coatham Gardens has excellent transport links within easy reach. The A19, A66, A1(M) are all nearby, making this is a great location for commuters;
- Each property comes with a high specification finish including upgraded kitchens, complete with appliances and 6ft fencing to the rear;
- 10 Year NHBC Buildmark Warranty & 2 Year defects cover;
- Ample good schools in the area, from primary through to sixth form.
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