Investment Property: 10% Net Return

10.4% return: £57,000 + £45,000 refurbishment: total £102,000. #

Annual rent £10,608.

Property will require refurbishment organised by retained agent and then will be leased to housing association for 7 years (renewable term) for a rent of £10,608 per year generating a 10.4% return.

Housing association lease agreed in advance and lease document provided prior to purchase.