Reserve

Social Housing 1 Bedroom SOLD

AVAILABLE
Falmouth Street, Middlesbrough TS1 3HL
Starting £75,000

Overview

With interest rates climbing ever higher, ClicPad has partnered with developer, offering a range of low-entry, freehold, cash purchase houses from just £75,000.

 

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 1 bedroom property, sold fully turnkey with a 25 year social housing lease in place.


Highlights include:



Property. End terraced

Lease Start Date: Fresh lease upon completion

Lease Length: 10 Years (5+5 years)

CPI Linked Rents: Annually

Bedrooms: 1

Other Rooms: Kitchen, Lounge, Bathroom

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


25-Year Cash Flow Illustration

1 Bedroom House

Purchase Price: £75,000.00

Annual Income: £6,750.00

Monthly Income: £562.00 Yield: 9%


Price range:

1 bedroom House  £75,000

9% net rental

Annual Income: £6,750.00

Monthly Income: £562.00


Payment Plan:

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

Exchange though solicitor 

Completed project 

Amenities

Risk management & compliance, when approached strategically, have the potential

  • 1 bedroom apartment
  • Completed ready
  • £75,000
  • Cash purchase
  • 9% net rental yields
  • 25 long term lease
  • Fully furnished
  • FRI lease (full repairs and insurance)
  • Tenant damage and maintenance cover
  • Recently refurbished properties
  • No ground rent or service charges
  • Recently refurbished properties
  • Free property and lettings management
  • Annual Income £6,750.00
  • Monthly Income £562.00

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