ASSISTED LIVING HOUSING
BRADFORD
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. The first floor offers two double bedroom's, one single bedroom and a full three piece bathroom installed. 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 5 year social housing lease
| Sizes from 947 sq ft (88 sq m) | prices from £97,500 |
Features Include
- Tenure: Freehold
- Property Type: Mid Terraced
- Lease Start Date: 24/10/2022
- Lease Length: 5 years
- Bedrooms: 3
- Other Rooms: Kitchen, Lounge, Bathroom
- Property Standards: Full Renovation Carried Out To Meet Housing Association Standards
Investment Numbers
- Purchase Price: £97,500.00
- Rental Income: £7,800.00
- Yield: 8.00%
Location
- Located less than 3 miles from Bradford City Centre, this property allows the purchaser to benefit from high returns and a low-risk social housing lease. Bradford has great access to neighboring cities like Leeds, Manchester and Sheffield via the impressive motorway network and train links. Currently Bradford has an estimated population of 500,000, plenty of local amenities, large business parks and universities providing a strong tenant demand.
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.