FOR SALE
28/11/23
1676
This is an assisted living investment which is backed by the UK government and it offers an extremely stable return of 10% NET for 25 years (£1,300 per month). The rent is linked to inflation over this period, and it will therefore increase with the rate of CPI + 1%. Assisted living has been extremely popular as it is completely hands-off unlike your standard buy-to-let investment where you must take care of maintenance, pay service charge and re-let the properties every 6-12months. The housing association will pay you the rent whether the property is tenanted or empty and costs like service charge and maintenance are all covered.
Located within a carefully constructed and well thought out development of former office premises, this development comprises of 94 apartments split into studios, 1beds and 2beds.
Each apartment has been created to maximise the living accommodation and benefit from a modern, open plan interior with a contemporary feel. Each apartment comes with a parking space too.
This is a cash only investment.
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