ASSISTED LIVING HOUSING
MIDDLESBROUGH
On the ground floor, a fully functional kitchen is provided with all white goods and cooking facilities included. A large lounge space offers comfort to the tenants with a double bedroom and a full three piece bathroom installed. The first floor offers one large double bedroom and one single bedroom. This property has been solely designed to match the requirements of the housing provider. This includes further health and safety and fire regulations with fully interlinked smoke alarms, fire doors, carbon monoxide detectors and fire tested funishings.
3 bedroom property, with a 10 year social housing lease
| Sizes from 743 sq ft (69 sq m) | prices from £152,000 |
Features Include
- Tenure: Freehold
- Property Type: Mid Terraced
- Lease Start Date: Fresh Lease Upon Completion
- Lease Length: 10 Years (5+5 years)
- CPI Linked Rents: Annually
- Bedrooms: 3
- Other Rooms: Kitchen, Lounge, Bathroom
- Property Standards: Full Renovation Carried Out To Meet Housing Association Standards
Investment Numbers
- Purchase Price: £152,000.00
- Rental Income: £13,689.00
- Yield: 9.00%
Rent Growth Forecast
- Y1 Rent: £13,689.00
- Y10 Rent: £17,861.04
- Growth Amount: £4,172.04
- Growth Percentage: 30.48%
- Total Rent Received: £156,929.04
Yield Growth Forecast
- Y1 Yield: 9.00%
- Y10 Yield: 11.75%
- Growth Percentage: 2.75%
Location
- Middlesbrough is a large town located within the North East of England and has an estimated population of 400,000 as of 2022. The large town hosts a wide range of benefits to its population through quality amenities such a four shopping centres, a large football club located in the heart of the town centre, plenty of beautiful parks and incredible access to great restaurants and bars
Location
- Middlesbrough is a large town located within the North East of England and has an estimated population of 400,000 as of 2022. The large town hosts a wide range of benefits to its population through quality amenities such a four shopping centres, a large football club located in the heart of the town centre, plenty of beautiful parks and incredible access to great restaurants and bars
Social Housing
- The UK is suffering an acute shortage of housing and this has been reflected in an increasing demand for social housing and assisted living. This has created a unique opportunity for buy-to-let investors
- We provide investors with properties specifically designed to cater to the housing requirements of vulnerable adults, ensuring their well-being, and providing them with a safe and comfortable living. This maybe for people with low income, mental health conditions, learning disabilities, or dementia
- These properties are completed, refurbished with up to 25 year UK government backed housing association leases, with no management charges and up to 10% Net rental yields to the investor
FRI LEASE (full repairs and insurance)
- All charges paid for by the housing association with no maintenance or management charges
Refurbished and Completed Properties
- All finished properties and recently refurbished to housing association standards
Secured Tenants (8–10% Rental Yields)
- Long term tenants with 5 to 25 year leases and high inflation linked rents
No Ground Rent or Service Charges
- No additional costs so investors get the full rental yield
Free Property and Rental Management
- including finding the tenant, rent collection, and property maintenance
Hands Free Investments
- For Investors looking for a passive income with no management responsibilities