This is a social housing project nearing completion. I love seeing the white walls which signifies the end of the refurbishment. Carpets, white goods and fire signs going in hopefully Friday and over the weekend the lads will work on the snagging list which hopefully will be a short list.
Once completed this will be a 5 bed social HMO backed on a 7 plus 3 year govt lease. No voids, no management and maintenance covered unless structural . We only sell some of these properties in order to buy more and keep for our retirement. The banks do not like the long 7 plus 3 year leases. We love them as we do not have to deal with the tenants and our counterparty is of the strongest calibre of financial strength. We are able to compound towards our retirement with these social housing projects. This one in particular will net us yearly £18,200.
If you would like more information email info@bhinvestment.co.uk or call Ruti 07376367032
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