GUARANTEED
INCOME
Boutique hotel room investment with 55% return over 5 years

 
UNITED KINGDOM / NEAR DARLINGTON / the village of Piercebridge
Prices from £ 60 000
  • Location: United Kingdom, Region North East England, in the area of Darlington, the village of Piercebridge MAP
  • Development: Hotel investment
  • Unit types: Hotel rooms
  • Total number of units:32 
  • Units available for sale:1 PRICE LIST
  • Unit sizes: 0 sq.m FLOOR PLANS
  • Unit prices: £ 60 000 70 000 PRICE LIST
  • Prices per sq.m.:
  • Development status: Completed & operational
  • Ownership: Leasehold 7 years
  • Rental return (p.a.): 8% guaranted for 5 years
  • Capital appreciation (p.a.): 8% net return p/a of the purchase price
  • No commission

Complex/building features

  • Total number of units 32
  • Total floors 2
  • Type of construction Brick-built / Completely renovated building

Distances

  • Airport 72 km to 
  • Food shop 3 km
  • Bus stop 500 m
  • Closest town - 8 km

Rental income features

  • Rental demand in the area High,Short-term rental
  • Who will rent Local people,Tourists
  • Unit finishing in order to rent Fully-furnished
  • Rental management In-house management company
  • Rental management fee 0%
  • Annual rental income 8% guaranted for 5 years

Exit strategy

  • Easy exit High demand - very easy
  • Resale management/consultant Local estate agent
  • Who will buy Foreign buyers, Local people

*Please note that exit or resale of property depends on market conditions.

Unit/apartment features

  • Furnishing Fully furnished

Facilities in the complex/building

  • Communal Garden, Lobby, Reception desk
  • Commercial Bar, Restaurant

Additional purchasing costs


These additional costs include the following, among others:

  • Lawyer fees £1,100

Capital appreciation (p.a.)

  • Expected price increase of the property* 8% net return p/a of the purchase price

*Quote is based on historic facts, market analysis and monitoring of local trends on the market.
*Resale price is fully depending on market conditions. Resale price is not guaranteed.

Buy-back options

  • Buy-back options Developer buy-back guranteed in year 5 at 115% of initial price