Overview

With interest rates climbing ever higher, ClicPad has partnered with developer, offering a range of low-entry, freehold, cash purchase houses from just £120,000.

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 10 year social housing lease in place.

Highlights include:

Tenure: Freehold

Property Type: New build flats

Lease Start Date: Fresh lease upon

completion

Lease Length: 5 Years

CPI Linked Rents: Annually

Bedrooms: 4 x 1 bedroom apartments

Other Rooms: 4 x Kitchen/ Lounge, 4 x

Bathroom

Property Standards: New build

Price range:

4 x 1 bedroom apartments  £800,000

9% net rental

£72,000 rental for the year

£6,000 rental per month

Payment Plan:

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

Exchange though solicitor 

Completed project