Location: Nelson, Lancashire
Property Type: Terraced House (4 Bed)
Purchase Price: £152,000
Rental Income: £1,014pcm (existing)
Tenure: Leasehold
Status: Tenanted
Strategy: Buy To Let
One of our fixed returning ‘guaranteed yield’ properties in the North West is this recently converted 4 bed HMO which houses asylum seekers under a government programme backed by one of the UK’s largest security firms.
The property in question is four bed, one bath, in the heart of Pendle, Nelson and with annual rents of £12,168 guarantees yield at 8% with nothing to pay bar landlords insurance and your annual gas certificate.
With a long term contract until June 1st 2032 ensuring rents paid each and every month without void for the duration, you can sit back and watch the income roll in as the property appreciates in value over time.
A hands off investment deal this is one of many properties we have under the same scheme.
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Please Note: Property values can decrease as well as increase. No express or implied income claims are made herein. Historic performance should not be taken as a guarantee of future performance. Leveraged property investment with mortgage finance can increase the risk of losing money as well as increasing the possible gains.
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