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