Introducing a prime investment opportunity in Carlisle: a fully refurbished, 6-bedroom HMO property dedicated to social housing. This ‘hands off’ investment, located on London Road, Carlisle, offers investors a fixed income from day one, with an impressive net yield of 8% and an annual return of £23,400. With a government-backed contract ensuring no maintenance costs, no management fees, and no void periods, this property promises a secure and profitable investment.
Key Investment Highlights
- Fixed Price: £292,000
- Net Yield: 8%
- Annual Return: £23,400
- Fixed Monthly Rent: £1,950
- Contract Length: 7+3 years (Potential renewal in 2033)
- Government-backed contract ensuring fixed income and hassle-free management
Prime Location
Situated just a short drive from the heart of Carlisle, this property benefits from excellent connectivity and a range of local amenities:
- Carlisle City Centre: 5-minute drive (0.8 miles)
- Carlisle Station: 6-minute drive (1.9 miles)
- Newcastle International Airport: 56 miles
- Edinburgh Airport: 107 miles
- Cumberland Infirmary: 10-minute drive (3.5 miles)
- University of Cumbria: 5-minute drive (1.6 miles)
Property Features
This fully refurbished property boasts six bedrooms, two bathrooms, and modern amenities:
- New Appliances: Boiler, hob/oven, microwave, fridge/freezer, and washing machine
- Additional Facilities: Downstairs guest toilet
- End of Contract Refurbishment: Ensuring the property remains in excellent condition
About Carlisle
Carlisle is a vibrant city located in the north-west of England, known for its strategic location and robust economy. As the economic capital of Cumbria and parts of south-west Scotland and Northumberland, Carlisle benefits from excellent road and rail connectivity, making it a hub for business and education. The presence of notable companies such as Pirelli, McVities, and Eddie Stobart underscores its thriving industrial sector. Additionally, the city is home to the University of Cumbria, fostering innovation and preparing students for future employment.
Carlisle's stunning natural surroundings, including the Solway Estuary, Pennines, northern Lake District, Eden Valley, and Northumberland National Park, offer unparalleled leisure opportunities. This combination of economic vitality, educational excellence, and scenic beauty makes Carlisle a prime location for investment.
Why Invest in Social Housing?
Investing in social housing provides several key advantages:
- Guaranteed Rental Contracts: Secure, long-term rental income
- No Bills: Reduced operating expenses
- No Maintenance: Hassle-free property management
- No Management Fees: Increased profitability
This investment offers peace of mind and a reliable income stream, making it an attractive addition to any investment portfolio.
Secure your investment in Carlisle’s growing market today with this exceptional social housing opportunity.
