Have this new 5 Bed social HMO on a 7 plus 3 year Govt backed contract up for sale. It nets 18,200 and selling at a 8% net. This is similar to a 10% Gross. There are no voids, no management, and maintenance is covered unless Structural however the social housing provider would not accept if there were any structural issues. I have 8 other similar properties ranging from 4 beds up to 6 beds. Perfect for hands off investors who want guaranteed rents.
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