Social Housing Angle Street Middlesbrough SOLD
Vue d'ensemble
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: 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:
3 bedroom House £120,000
9% net rental
Payment Plan:
£5000 reservation fee (takes the unit off the market)
Exchange though solicitor
Completed project
Commodités
La gestion des risques et la conformité, lorsqu’elles sont abordées de manière stratégique, ont le potentiel
- Freehold
- Tenant damage and maintenance cover
- Recently refurbished properties
- No ground rent or service charges
- Free property and lettings management
- 3 bedroom house
- 9% net rental