2 bed flat

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2 bed flat

Blyth Road, Harworth DN11
£182,000

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 unique investment opportunity. The property is currently leased to a non-profit housing company under a fully internally repairing insurance lease with annual Consumer Price Index (CPI) increases, providing a high potential for growth in rental income. The apartments are fully managed, with all running and repair costs covered, and offer 10% yields for 25 years. The assisted living market is considered secure and profitable, with many properties receiving above-average rental yields. Doncaster is a strategic location with excellent road and rail links, making it an attractive place to invest.