1 bed flat

>

1 bed flat

Blyth Road, Harworth DN11
£156,000

Our Summary

  • One of the most unique aspects of investing at Harworth house is that it is currently being leased to the non-profit housing company under a fully internally repairing insurance (firi) lease that also includes annual Consumer Price Index (cpi) increases, and with the national cpi rising at an unprecedented rate in recent years, the scope for growth in rental income through cpi increases is extremely high

Description

Harworth House is a collection of newly built assisted living apartments in Doncaster, offering a hands-off, fully-managed investment opportunity with a 10% yield for 25 years. The property is situated approximately 1 mile from Junction 34 of the A1(M) and is close to local amenities. The apartments are currently leased to a non-profit housing company under a fully internally repairing insurance (FIRI) lease with annual Consumer Price Index (CPI) increases, providing a secure and profitable investment opportunity. The assisted living market is considered one of the most secure and profitable markets for property investment, with many properties receiving above-average rental yields and protection found in long-term government leases.