Property Snapshot
HMO
9
5
Completion date: Completed
Property Overview
We are delighted to offer this five-bedroom HMO property in Middlesbrough. 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 £380,380
- 9 Bed HMO property
- 9% 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 £380,380
- Annual income £34,234.20
- Monthly income £2,852.85
- Year 1 rent £34,234.20
- Year 25 rent £67,042.44*
- Lease period 25 years
- Total rent received £1,222,262.17*
Yield forecast
- Y1 Yield: 9%
- Y25 Yield 17.63%
*Based on an average 2.84% inflation per annum
Area Highlights
Need a mortgage to finance this property?
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Testimonials
Ron Williams
USA
I cannot fault the level of service I received from 365 Invest. No stress involved, the communication was great and the team were able to answer all of my questions. I would highly recommend this company to anyone looking to invest in a buy-to-let property. Well done 365 Invest, I will be back.
Herve Ailleau
France
Paul has been very helpful and very responsive during the whole process of purchasing 6 apartments in Harworth House. He is certainly someone you can rely on and trustworthy. We will surely continue to work with him and Assisted Living in the future.
Meet the team
Paul Cox
Director
Paul oversees the strategic direction and operations of the company, ensuring alignment with company goals and core values, as well as compliance with regulatory standards.
Keanu Sheen
Senior Investment Consultant
Keanu specialises in guiding clients through the complexities of property investment. With expertise in buy-to-let opportunities, he provides tailored advice to both first-time buyers and seasoned investors, helping them maximise returns through strategic planning and market insights.
