We are delighted to offer this 6 bedroom HMO house in Accrington Manchester,  which has been selected and fully pre-approved by the local government. All bedrooms are ensuite, there is a shared kitchen and lounge area. The property is fully renovated,  and includes all furniture and white goods meeting the housing provider standards.  These properties are sold fully turnkey, ideal for the ´armchair` investor with a rental income of 12% over 25 years. This ethical investment comes with tenant damage and maintenance cover, in a full FRI lease.

Key Facts

• Price £312,000
• 6 Bedroom HMO property
• 12% NET return
• £1,000 reservation fee
• 25 Year rental assurance
• CPI linked rents
• Annual rental review
• Ability to sell at any time
• Tennant damage cover
• Maintenance cover
• Housing association backed
• No void periods
• Desirable location
• Stress free investin

25 Year Cash Flow Example

• Purchase price £312,000
• Annual income £37,440
• Monthly income £3,120
• Year 1 rent £37,440
• Year 25 rent £60,220*
• Lease period 25 years
• Total rent received £1,199,214*

Yield forecast

• Y1 Yield: 12%
• Y25 Yield 19.30%

*Based on an average 2% inflation per annum