5 BMV properties in Nottingham 5 year guaranteed rental
Location: Nottingham BMV Property
Current Value: £180,000
Available To You For: £160,000
BMV Investment Details
About this BMV property
These houses are on a renewed 5 yr contract with a blue chip national social landlord paying a guaranteed £10,400pa per house. This is a full repairing lease with a full house clean and a maintenance inspection carried out weekly. These are fully licenced HMOs in Nottingham and the properties are fully compliant with full emergency lighting, fire systems fire resistant doors and cctv. They all have modern kitchen and bathrooms and are in great condition.
This is a completely hands off investment with a net yield of 6.5% underwritten for the next five years. House prices in Nottingham have been estimated to grow at least 4% pa by RiCS over the coming years which would show a potential return of £35,000 in capital growth as well as £52,000 in underwritten rents. Potential ROI 54%