Development Snapshot
Development Overview
We are delighted to offer these 14 supported living 1 bedroom apartments in Stockton on Tees. The property is fully renovated meeting the housing provider standards and includes furniture and white goods. These properties are sold fully turnkey, ideal for the ´armchair` investor with a rental income of 10% over 25 years. This ethical investment comes with full tenant damage and maintenance cover (FRI).
Key Facts
- Price £824,320
- 14 x 1 Bed Apartments
- 10% NET return
- £5,000 reservation fee
- 25 Year rental assurance
- CPI linked rents
- Annual rental review
- Tennant damage cover
- Maintenance cover
- Housing association backed
- No void periods
- Desirable location
- Stress free investing
Why Choose This Area?
Why invest in Stockton on Tees – Supply of rental properties in this area does not meet the demand making this an ideal buy-to-let investment area. Investing in assisted living accommodation allows individuals to develop and progress with their independence and to learn skills. This housing association backed scheme has many benefits for the tenants as well as the investor
Area Highlights
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Testimonials
I have enjoyed my experience with this company. As a new investor I found the team were very helpful answering my constant questions. Highly knowledgeable and very patient, I felt looked after throughout the entire process. I would highly recommend 365 invest if you are considering investing in property. I am looking forward to a long and lucrative partnership with this company, well done to the team!
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