#2
60 Rayleigh Grove, Gateshead, NE8
Investment Summary:
Purchase Price: £102,250
Refurbishment: £150,000
Revaluation: £285,000
ROCE: 22.14%
Gross Yield: 15.28%
Why We Invested
Rayleigh Grove sits within reach of Team Valley Trading Estate -home to 700+ companies - and the Saltmeadows Trade Park. These hubs power employment and stable tenant demand. The rooms here were fully let within a week of launch.