Charity lease: 20 year assured income, £15,600 per annum

Sale price is £222,857, £15,600 pa rental income. 20 year assured lease with 7% yield.
FRI (fully repairing and insured) lease. Four bed HMO, leased to a registered charity.
This would be a cash purchase due to the tenant type however as more lenders come into market there may be an opportunity to remortgage.

Agents fee applies. Minimal landlord involvement required and no management fees.
This type of tenant is not ideal for all clients. Please contact us to discuss if this could fit into your portfolio. You should always seek your own legal advice, as well as your own due diligence on the lease and the area.