6
North East
Yield 10%
6 Bed HMO Supported Living Investment Opportunity on Worsley Street, North East
Description
This is a recently completed 6 bed HMO all with ensuites assigned to a local housing association.
The housing association has agreed to a 25-year lease on the property at £3,178 per month. All repairs and maintenance are covered as part of the agreement.
Investment Overview:
- Purchase Price: £381,450
- Stamp Duty Land Tax: £28,145
- Solicitor Fees: £1600
- Total Cash Required: £411,195
- Rental Income: £3,178 PCM (Increasing inline with CPI yearly)
Features
- 10% NET Yield
- Rental Income: £3,178 PCM (Increasing inline with CPI yearly)
- HMO investment opportunity
- Social housing supported living investment opportunity
