Reserve

Social Housing Shrewsbury Street Hartlepool SOLD

AVAILABLE
Shrewsbury Street Hartlepool TS25 5RA
Starting £90,000

Overview

With interest rates climbing ever higher, ClicPad has partnered with developer, offering a range of low-entry, freehold, cash purchase houses from just £90,000.

 

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: Mid terraced

Lease Start Date: Fresh lease upon completion

Lease Length: 10 Years (5+5 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


Price range:

2 bedroom House £90,000


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

  • No ground rent
  • No service charge
  • Full property managed

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