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:
Property. Mid terraced
Lease Start Date: Fresh lease upon completion
Lease Length: 10 Years (5+5 years)
CPI Linked Rents: Annually
Bedrooms: 3
Other Rooms: Kitchen, Lounge, Bathroom
Property Standards: Full renovation carried out to meet housing association standards upon completion
Rent Growth Forecast:
Y1 Rent £10,800.00
Y25 Rent £17,321.12
Lease Period for rent 25 years
Total Rent Received £345,927.24
Price range:
3 bedroom House £120,000
9% net rental
Annual Income: £10,800.00
Monthly Income: £900.00
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
- 3 bedroom completed house
- 9% rental
- Long term rental agreement
- Fully renovated
- Fully property management
- Zero maintenance fee
- Secured rental
- Freehold
- Tenant damage and maintenance cover