One of the main reasons investors get involved in property investing, is to make a return on their investment, and ideally a passive income.
A passive income is very attractive for everyone - who doesn't want to be making an income for no effort on their part!
This can come about from investing in property, where the rent received outweighs the running and finance costs.
One of the property vehicles that can give the biggest positive cashflow, is houses of multiple occupancy.
We have never been able to satisfy the demand for this type of investment, but now have an excellent source of this type of deal - and the cashflow is outstanding!
These are coming with 3 year, government backed rental contracts or with strong rental demand from students - and giving anything from £300-800 a month, positive cashflow...
Liverpool, L13 8BD
Purchase Price £150,000
Large 5 bedroom terrace - New kitchen, New bathroom, Re plastered throughout, RE-wire / new CH / DPC / New plumbing, New UPVC windows Throughout / New internal / external doors, New Full decor and carpets / blinds throughout, New furniture and appliances throughout. Certification Provided, Gas, Electric, EPC.
This property has under gone a total refurbishment and has been accepted on a Government Asylum Housing Scheme, and is supplied fully let.
The property provides 8 bed spaces and meets all current HMO regulations.
A damage repairing lease has been agreed until June 2012 with an option to continue if both parties agree. Our team can manage this process and we will know one year in advance if the government agency are keen to proceed, and most likely they will as is a huge shortage for this type of property - if not one of the other agencies will be keen.
Rental Income = £15,600 pa
35% Deposit = £52,500
Legals / Survey Costs - approx £1500
Sourcing Fee = £1500 + VAT
Loan = £97,500
Mortgage @ 5% = £4,875 pa
Net Income = £10,725 pa
% Return = 20%
This is a huge return on your investment! Around a 20% cash on cash return on your investment!
Padiham Rd, Burnley
Lancashire, BB12 0HA
Purchase Price £115,000
Large Mid Terrace, Three Bedrooms, Two Large Reception Rooms, New Kitchen, New Bathroom, Re Plastered Throughout, RE-wire / new CH / Full DPC / new Plumbing, New UPVC Windows Throughout / New Internal / External Doors, New Full Decor and Carpets / New Blinds Throughout, Certification Provided, Gas, Electric, EPC.
This property has under gone a total refurbishment from bare brick and has been accepted on the government housing scheme, and will be provided fully let.
The property provides 4 bed spaces and meets all current HMO regulations.
A damage repairing lease has been agreed until June 2012 with an option to continue if both parties agree.
Rental Income = £8,400 pa - net of any management costs!
25% Deposit = £28,750
Legals / Survey Costs = £1300
Sourcing Fee - £1000 + VAT
Loan = £86,250
Mortgage @ 5% = £4,312 pa
Net Income = £4,088 pa
So around £330 net a month!
No voids, and the government pays you rent directly - and our team manages the whole process....!
Gt Clowes St
Manchester, M7 1XU
Large 3 storey mid terrace currently under refurbishment to give 6 bed spaces, the property is located in an ideal location for Student lettings. Large 4 Bedroom 3 storey mid terrace, New kitchen, New bathrooms, Re plastered throughout, Re-wire / new CH / DPC / New plumbing, New UPVC windows Throughout / New internal / External doors, New Full decor and carpets / blinds throughout, New furniture and appliances throughout, Certification Provided Gas Electric EPC.
This property is undergoing a total refurbishment from bare brick and is situated in an ideal Student letting location.
The property will be provided fully furnished with 6 bed spaces and will meet all current HMO regulations.
Rental Income = £15,830 pa
35% Deposit = £50,750
Loan = £94,250
Mortgage @ 5% = £4712 pa
Net Income = £11,118 pa
% Return = 22% (based on 48 week let)
Around £900 net cashflow a month!
Again our local team can help with organizing everything here - and will guarantee cover costs until get the property tenanted.
So in summary, this is an excellent opportunity to purchase a high yielding property which will produce a very strong positive monthly income - giving you a huge return on your investment through a strong passive income.
To see our latest available strong rental properties, fill out your details below and we'll send you a full information pack today!