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The property is let on the current government backed Long term contract for social housing use with a major Blue chip PLC, There are no other costs for the owner as other than insurance & annual Gas certification. There is no Council Tax, Utility Bills are all covered within the contract. No voids…no maintenance unless structural…no management. This saves the investor time and money. The leases are 5 to 10 years. Due to these long leases banks do not want to lend. Thus we sell for cash. The property is currently achieving between 7% and 8% yield
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* The above information is the average for each state in United Kingdom For more details about loans, please send us an enquiry.
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Disclaimer: Currency shown is based on currency conversion, please refer to actual currency price of the property.