Overview

With interest rates climbing ever higher, ClicPad has partnered with developer, offering a range of low-entry, freehold, cash purchase houses from just £98,000

Investor appetite is changing, many are looking for stable, high-yield investment opportunities that provide a consistent stream of income as opposed to the traditional capital appreciation and leverage driven models. This investment offers just that, with government-backed yields of 8-9% NET and a 5+5 year lease with exit opportunities at years 3 and 10. This means your clients can cash out and re-invest their capital in more sympathetic interest rate conditions. 

Properties located across the North of England (Hartlepool, Middlesbrough etc.)

Government-funded yields of 8-9% NET

25 year leases with annual adjustment based on the CPI

FRI lease (full repairs and insurance)

Tenant damage and maintenance cover

Recently refurbished properties

No ground rent or service charges

Free property and lettings management

ClicPad are pleased to offer this 2 bedroom property, sold fully turnkey with a 25 year social housing lease in place.

Highlights include:

Property. Mid terraced

Lease Start Date: Fresh lease upon completion

Lease Length: 25 Years

CPI Linked Rents: Annually

Bedrooms: 2

Other Rooms: Kitchen, Lounge, Bathroom

Property Standards: Full renovation carried out to meet housing association standards upon completion

Rent Growth Forecast:

Y1 Rent £8,820.00

Y25 Rent £14,186.00

Lease Period for rent 25 years

Y1 yields 9%

Price range:

2 bedroom House  £98,000

9% net rental

Annual Income: £8,820.00

Monthly Income: £735.00

Payment Plan:

£5000 reservation fee (takes the unit off the market)

Exchange though solicitor 

Completed project