High Yield Deals

Below reads a couple of great examples of high yield deals which involves:

  • High Net Income Properties!
  • Guaranteed Tenants until 2012!
  • Fully Refurbished Properties!

Introduction:

One of the main reasons investors get involved in property investing, is to make a return on their investment, and ideally a passive income.

A passive income is very attractive for everyone - who doesn't want to be making an income for no effort on their part?!

This can come about from investing in property, where the rent received outweighs the running and finance costs.

One of the property vehicles that can give the biggest positive cashflow, is houses of multiple occupancy.

We have never been able to satisfy the demand for this type of investment, but now have an excellent source of this type of deal - and the cashflow is outstanding!

These are coming with 3 year, government backed rental contracts or with strong rental demand from students - and giving anything from £300-800 a month, positive cashflow...

Example Properties:

Property One

  • Windsor Rd,
  • Liverpool, L13 8BD
  • Purchase Price £150,000

Specification

Large 5 bedroom terrace - New kitchen, New bathroom, Re plastered throughout, RE-wire / new CH / DPC / New plumbing, New UPVC windows Throughout / New internal / external doors, New Full decor and carpets / blinds throughout, New furniture and appliances throughout. Certification Provided, Gas, Electric, EPC.

This property has under gone a total refurbishment and has been accepted on a Government Asylum Housing Scheme, and is supplied fully let.

The property provides 8 bed spaces and meets all current HMO regulations.

A damage repairing lease has been agreed until June 2012 with an option to continue if both parties agree. Our team can manage this process and we will know one year in advance if the government agency are keen to proceed, and most likely they will as is a huge shortage for this type of property - if not one of the other agencies will be keen.

Figures

  • Rental Income = £15,600 pa
  • 35% Deposit = £52,500
  • Sourcing Fee = £1500 + VAT
  • Legals and finance costs - approx £1500
  • Loan = £97,500
  • Mortgage @ 5% = £ 4,875 pa
  • Net Income = £ 10,725 pa
  • % Return = 20%

This is a huge return on your investment! Around a 20% cash on cash return on your investment!

 

Property Two

  • Padiham Rd, Burnley
  • Lancashire, BB12 0HA
  • Purchase Price £115,000

Specification

Large Mid Terrace, Three Bedrooms, Two Large Reception Rooms, New Kitchen, New Bathroom, Re Plastered Throughout, RE-wire / new CH / Full DPC / new Plumbing, New UPVC Windows Throughout / New Internal / External Doors, New Full Decor and Carpets / New Blinds Throughout, Certification Provided, Gas, Electric, EPC.

This property has under gone a total refurbishment from bare brick and has been accepted on the government housing scheme, and will be provided fully let.

The property provides 4 bed spaces and meets all current HMO regulations.

A damage repairing lease has been agreed until June 2012 with an option to continue if both parties agree.

Figures

  • Rental Income = £ 8,400 pa - net of any management costs!
  • 25% Deposit = £28,750
  • Legals plus survey costs = £1300
  • Sourcing fee - £1000 + VAT
  • Loan = £86,250
  • Mortgage @ 5% = £ 4,312 pa
  • Net Income = £ 4,088 pa
  • So around £330 net a month!

No voids, and the government pays you rent directly - and our team manages the whole process....!

 

Property Three

  • Gt Clowes St
  • Manchester, M7 1XU
  • £145,000

Specification

Large 3 storey mid terrace currently under refurbishment to give 6 bed spaces, the property is located in an ideal location for Student lettings. Large 4 Bedroom 3 storey mid terrace, New kitchen, New bathrooms, Re plastered throughout, Re-wire / new CH / DPC / New plumbing, New UPVC windows Throughout / New internal / External doors, New Full decor and carpets / blinds throughout, New furniture and appliances throughout, Certification Provided Gas Electric EPC.

This property is undergoing a total refurbishment from bare brick and is situated in an ideal Student letting location.

The property will be provided fully furnished with 6 bed spaces and will meet all current HMO regulations.

Figures

  • Rental Income = £15,830 pa
  • 35% Deposit = £50,750
  • Loan = £94,250
  • Mortgage @ 5% = £4712 pa
  • Net Income = £11,118 pa
  • % Return = 22% (based on 48 week let)
  • Around £900 net cashflow a month!

Again our local team can help with organizing everything here - and will guarantee cover costs until get the property tenanted.

Summary

So in summary, this is an excellent opportunity to purchase a high yielding property which will produce a very strong positive monthly income - giving you a huge return on your investment through a strong passive income.

For more information on these types of properties, send us your full details by clicking HERE with the subject header 'High Yield Deals' or call 0115 9853963 and we'll get back to you within.

Call Property Secrets on: +44 (0)115 985 3963

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