2
North East
Yield 8.5%
Two Bed Terrace Social Housing Investment in the North East
Description
This is a two-bedroom terraced house that is currently undergoing renovation and will be completed by the end of summer 2025.
The housing association has agreed to a 25-year lease on the property at £700 per month. All repairs and maintenance are covered as part of the agreement.
Investment Overview:
- Purchase Price: £98,823
- Stamp Duty Land Tax: £4,941
- Solicitor Fees: £1600
- Total Cash Required: £105,3648.5%
Features
- Rental Income: £700 PCM (Increasing inline with CPI yearly)
- Recently renovated
- Completion summer 2025
