Investment Property 11% Return, 20 Year Lease To Housing Association

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Seller: mar-cashi (211) 100%, Location: London, Ships to: Free Local Pickup, Item: 283414131568 Investment Property 11% Return, 20 Year Lease To Housing Association. Collection in person only.On 12-Mar-19 at 15:50:57 GMT, seller added the following information: Investment refurbishment property available in Yorkshire and Lancashire. All properties require refurbishment and are then Leased to Housing Associations on long term Leases. Prior to the purchase we ensure that a Pre-Lease Agreement is in place that guarantees that the Housing Association will Lease the property once the works are complete.The refurbishment takes around 6 weeks then the Lease commences for a period of 5-20 years, the length of term being chosen by the investor. Please see features below: All Leases from 5 - 20 years Purchase Price: £72,000 Refurbishment Cost: £40,200 Total Cost: £112,200 Annual Rent: £12,350 Return: 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 All of our properties offered for sale will benefit from all the above features and represent a fully secure investment for up to 20 years. As the properties are leased to Councils and Housing Associations this means the rent is guaranteed and the Leases are effectively underwritten by the government. All our properties are located mainly in the midlands and the north of the UK and we have approximately 10 properties available every month. Please contact us for further details and one of our representatives will arrange to meet you at one of the properties or where are offices are based in Doncaster and London.On 20-Mar-19 at 15:06:54 GMT, seller added the following information: For for information please email mark@stone-Properties.uk or call 07831 917769. Kitchen Facilities: 4 Burner Cooker, Provide With: Central Heating, Number of Bathrooms: 1, Number of Bedrooms: 4 Bedrooms, Private / Estate agent: Estate Agent, Location: UK, Continent: UK & Ireland, Property Type: House, Country: United Kingdom, Sort By: For Sale

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