Block of flats for sale in Cavendish Road, Salford M7, £55,300

55,300.00

Offer Nr.:
65127640
Type of ad:
for Sale
Property type:
Block of flats
Contact name:
Property Market
Phone(s):
020 8115 3550

* Share of freehold
Property
kb Roman Investments are pleased to present a sizeable terraced property
located in Edgbaston. The property benefits from 8 large double bedrooms all
with ensuites, that have all been recently refurbished with a back to brick
renovation to provide 8 self contained ensuite bedrooms with full HMO
specification. Approached through an entrance hallway, bedroom 1 and 2 are
located on the ground floor, large double bedrooms comprising all bedroom
furniture; (wardrobe, draws, bed, bedside table) and an independent ensuite
shower room in each room. The ground floor hallway leads to a sizeable open
plan kitchen lounge area benefiting from a separate kitchen with all
appliances (cooker and hob, extractor, washing machine, sink) the kitchen
leads on to the rear access to the garden and a downstairs WC.
Upstairs, the first floor hallway leads off to 3 sizeable ensuite double
bedrooms. The second floor comprises a sizeable loft conversion that provides
a further 2 bedroom with an ensuite.
Tenure
The property is let on a 5 year Fri lease under a Housing Association
providing much needed social housing provision in the area. Each investor will
receive a monthly rent in respect of their initial investment as outlined in
the chart above.
Structure
We are advised the property is available to purchase via a syndicated
investment structure that allows qualified prospective investors an
opportunity to gain 5 times their usual buying power and benefit from strong
returns whilst limiting their initial capital outlay. For further information
on this structure please speak to a member of our investment sales team.
Please note: This property investment opportunity is only accessible for
approved investors and eligibility is required to be confirmed prior to
offering any investment to prospective investors.
Key features:
Income generating investment
Hands - off investment
Government - backed income
No void period
No bills
No maintenance
Capital appreciation through exiting to an institutional fund
No loans – no interest to pay

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