Apartment in city Middlesbrough
35.00 sq.m.

€ 70 141

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UK. Middlesbrough. Tenement apartments to investors.
Tenement apartments in the boarding house for the elderly middle class. Middlesbrough, UK.
For those interested in investment properties UK.
Investment strategy-obtaining a fixed passive income
Tenement apartments Heather Hall proved so popular among investors that have already sold 75% of the apartments.
Location
Middlesbrough – a large industrial town in the County of North Yorkshire on the South Bank of the river Tisza is also a seaport.
At the Institute of modern art Middlesbrough is the second largest in the UK, the collection of paintings by Pablo Picasso, as well as a large amusement Park: restaurants, cinema, American Golf club and gym. A picturesque town on the banks of the river has a warm oceanic climate.
Property description
• In a boarding house 34 apartments, 75% of which is already reserved
• Accommodation for more than 80% of the guests in the homes of this operator is paid by the state
• Management of the apartments is done by a specialized operator with a CQC-licensed
• There are all necessary for older people services 24/7
Address: Middlesbrough, UK
Financial performance
• The cost of each apartment is £ 65 000 ( 70 141 euros ).
• The fixed rate of return over 25 years: 8% 1-5 years 9% 6-10 years and 10% in 11-25 years.
• If you purchase more than 3 apartments, the fixed yield can be increased up to 10% of the first year of ownership of the apartment
• Payments quarterly
• The right of the property is leasehold for 125 years
• Option of guaranteed buy-back after 10 years of owning a premium of 15% after 15 years – 25% after 20 years – 25%
There is a choice of apartments and houses in various budget, including commercial facilities

Seller information

Seller type Agency
Company YouLand

Location of the property on the map

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