We are delighted to offer this six-bedroom HMO house in Blackburn Manchester, which has been selected and fully pre-approved by the local government. The property offers four bedrooms, 4 bathrooms and a shared kitchen/sitting area. It 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 £217,043
• 4 Bedroom HMO property
• 11.5% NET return
• £1,000 reservation fee
• 25 Year rental assurance
• CPI linked rents 1 -4% increase
• Annual rental review
• Ability to sell at any time
• Tennant damage cover
• Maintenance cover
• Government backed
• 999 Leasehold Property
• No void periods
• Stress free investing

25 Year Cash Flow Example

• Purchase price £217,043
• Annual income £24,960
• Monthly income £2,080
• Year 1 rent £24,960
• Year 25 rent £40,147*
• Lease period 25 years
• Total rent received £799,476*

Yield forecast

• Y1 Yield: 11.5%
• Y25 Yield 18.50%

*Based on an average 2% inflation per annum