3
North East
Yield 10%
HMO on Shaw Road, North East - Social Housing Investment Opportunity
Description
This is a recently completed 3-bed HMO, all with en-suite, assigned to a local housing association – images shown are before renovation.
The housing association has agreed to a 25-year lease on the property at £1,458 per month. All repairs and maintenance are covered as part of the agreement.
Investment Overview:
- Purchase Price: £175,000
- Stamp Duty Land Tax: £9,750
- Solicitor Fees: £1600
- Total Cash Required: £186,350
Features
- Rental Income: £1,458 PCM (Increasing in line with CPI yearly)
- Social housing or HMO investment opportunity
- High 10% yields
