Another 4 BED Social HMO Completed. This property is in Carlisle. It will be on a 7 plus 3 year govt backed lease. This property will net yearly £15,600 with no voids, no management and all maintenance covered unless structural. If you are interested in learning more about this type of investment please contact me. We sell these mostly from 9-9.5%. Since these are net numbers we are speaking gross 11-11.5%. Most of our families money is in these properties as we feel it is the safest vehicle. We have a govt backed contract, we have bricks and mortar and no leverage. These houses are fully redone from when they were built 100 years ago. Recessions, Depressions, bank crashes do not effect these. Trying to finish the 7 properties that are under refurb before Christmas as well as finalize the sales of 6 properties to investors. Some of these investors are repeat buyers. Contact me for more information.
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