Property Snapshot
Property Overview
We are delighted to offer this five-bedroom HMO property in Barrow-in-Furness Lancashire. 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 £224,767.40
- 5 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 £224,767.40
- Annual income £22,476.74
- Monthly income £1,873.06
- Year 1 rent £22,476.74
- Year 25 rent £44,017.25*
- Lease period 25 years
- Total rent received £802,4865.08*
Yield forecast
- Y1 Yield: 10%
- Y25 Yield 19.58%
*Based on an average 2.84% inflation per annum
Area Highlights
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Testimonials
We as a family decided that it was the right time to invest in property. We were drawn to 365 Invest initially as their website was user friendly and easy to understand. We were not disappointed the company was also user friendly, good with communication and always there for us. We can’t thank you enough for helping us with our first of hopefully many investment purchases.
The team at 365 Invest were highly professional, I was guided through every step of the process. I now have the confidence to add to my portfolio. I would not hesitate to recommend this company to anyone looking to purchase a buy-to-let property.
Meet the team
