- Qualifies for 10-year FRI Lease
- Refurb required
- No rental voids
Property Details3-bed mid-terrace property which is pre-approved for a 10-year Government backed FRI social housing lease.
The property requires some light refurbishment to prepare it for occupancy on the scheme. A split living room and dining room allows for a 4th bedroom to be created on the ground floor.
Total refurb costs on this property are quoted at £13,000.
Annual rent is set at £7,072 in Year 1 with annual rent reviews. The rent is also tracking CPI so theoritcally increasing year on year.