Property Snapshot
Property Overview
We are delighted to offer this three-bedroom HMO property in Stockton on Tees. The property has been fully renovated to meet 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 includes full tenant damage and maintenance cover (FRI).
Key Facts
- Price £114,114
- 3 Bed HMO property
- 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
- Stress free investing
25 Year Cash Flow Example
- Purchase price £114,114
- Annual income £11,411.40
- Monthly income £950.95
- Year 1 rent £11,411.40
- Year 25 rent £22,347.48*
- Lease period 25 years
- Total rent received £407,420.72*
Yield forecast
- Y1 Yield: 10%
- Y25 Yield 19.58%
*Based on an average 2% inflation per annum
Area Highlights
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Testimonials
To be honest this company made my decision to invest very easy. They delivered a totally professional service from making the enquiry to the completion.
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!
Meet the team
