We are delighted to offer this six-bedroom HMO house in Accrington, Manchester, which has been selected and fully pre-approved by the local government. All bedrooms are ensuite, and there is a shared kitchen, utility, 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 11.5% NET for 25 years. This ethical investment comes with tenant damage and maintenance cover, in a full FRI lease.

Key Facts

• Price £331,695
• 6 Bedroom HMO property
• 11.5% NET return
• £1,000 reservation fee
• 25 Year rental assurance
• CPI linked rents 1 -4% increase
• Freehold property
• Annual rental review
• Ability to sell at any time
• Tennant damage cover
• Maintenance cover
• Government backed
• No void periods
• Stress free investing

25 Year Cash Flow Example

• Purchase price £331,695
• Annual income £38,145
• Monthly income £3,178
• Year 1 rent £38,145
• Year 25 rent £61,354*
• Lease period 25 years
• Total rent received £1.221,796*

Yield forecast

• Y1 Yield: 11.5%
• Y25 Yield 18.30%

*Based on an average 2% inflation per annum