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33 bedroom property for sale
£253,932 p.a NET RENT, Northampton, NN3
£2,300,000
£253,932 p.a NET RENT, Northampton, NN3
£2,300,000
Our Summary
- Investors do not miss out on our latest investment opportunity, generating £253,932 / £21,161 pcm net rental income into your bank account and producing an impressive 11
Description
This substantial detached property, boasting 33 en-suite bedrooms, is a lucrative investment opportunity generating £253,932 per annum in net rental income, equivalent to a 11.1% net yield. The property is set over 9,129 square feet and is situated on a half-acre plot. The property has been recently renovated and is sold with a 5-year social housing lease, providing a hands-off investment with no break clause, void periods, maintenance, bills, council tax, or management fees. The property is located in the popular residential district of Boothville, near Northampton, and offers ample parking and communal gardens. The property is freehold, and the lease is sold with a net rental income of £21,161 per month.