ASSISTED LIVING HOUSING
ROSSALL STREET, HARTLEPOOL
A 2 bedroom property with a kitchen, lounge and bathroom
- Sold fully turnkey with a 25 year social housing lease in place
- Price £90,000
Features Include
- Tenure: Freehold
- Property Type: Mid Terraced
- Lease Start Date: Fresh Lease Upon Completion
- Lease Length: 25 years
- CPI Linked Rents: Annually
- Property Standards: Full renovation carried out to meet housing association standards upon completion
Investment Numbers
- Purchase Price: £90,000
- Rental Income: £7,200
- Yield: 89%
Rent Growth Forecast
- Y1 Rent: £7,200.00
- Y25 Rent: £11,580.75*
- Lease Period: 25 years
- Total Rent Received: £230,618.16*
Yield Growth Forecast
- Y1 Yield: 8.00%
- Y25 Yield: 12.87%
- Projected ROI: 156.24%
Location
- The modern economy of Hartlepool has continued to evolve from its traditional roots. It now incorporates a more diverse range of industries, including advanced manufacturing, renewable energy, and digital technologies. Renewable energy has also become a prominent focus in Hartlepool's economy. The town's coastal location and access to natural resources have attracted investment in wind and solar energy projects. Offshore wind farms, in particular, have been a major driver of growth, providing green energy and stimulating economic activity in the region.
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