Apartment in city Middlesbrough
35.00 sq.m.

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