4 bedroom terraced house for sale

Ryeburne Street, Oldham, OL4 2BP

  • Bedrooms: 4
  • Bathrooms: 2

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Summary

11% High Return, 20 year Housing Association Lease, annual rent increases.

Description

This property is Leased to a Housing Association and offers the following:
All Leases from 5 - 20 years
Return of 11%
Annual rent increases of CPI+1% every year
Rent guaranteed for the entire term.
Housing Associations pay for and organise for repairs.
No breaks scheduled in the Lease
Property will have been fully refurbished.
Investors will be invited to purchase the property for £72,000 and we will arrange for the Housing Association to provide a Pre-Lease Agreement conforming they will Lease the property once the works are complete. This removes any risk to the Investor of buying the property and being left without a Lease in place. On completion of the investors purchase we will carry out the refurbishment at a cost of £40,200. The work involves installing new kitchens, bathrooms and kitchenettes and EnSuites to the studio bedsit rooms.
Once the work is complete the Housing Association Lease commences and the rent is paid monthly.
This is practically a risk free property investment as is evident from the above features. If you would like to purchase this or other similar property from us please get in touch.

Disclaimer

Property advert Ref 4266447 - Is a property advert for marketing purposes only, the information has been supplied by the owner, estate agent or property portal and The House Shop makes no warranty as to the accuracy or completeness of the information. Furthermore we have no control over the adverts content. This property advertisement does not constitute property particulars. Please contact the advertiser to obtain any information regarding The Energy Performance Certificate regarding homes in England and Wales or Home Report for residential property in Scotland.

Floor plan

Property floorplan
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