Residential ApartmentCroft Street,
Dewsbury
LIMITED AVAILABILITY
STUDENT PROPERTYFully managed and maintained
turnkey solution
What's the offer?
While you are free to tenant as you wish, the developer has a strong tie with the local Housing association who are desperately short of good quality accommodation and are willing to enter an initial 5-year agreement with new owners of the apartments. Each owner will be paid the relevant rent (£500 NET) monthly in arrears.
You will be free from any management charges, void periods, bills, council tax and any other costs associated with the running of the property (all bills and council tax will be covered during voids) – the investment will be totally hands off. What this actually means is that if you take into account normal voids on a standard AST and Management charges from a letting agent you would need to get circa £600 pcm to get the same NET return and we feel that a standard AST for a 2 bed would be £525 pcm so this offer is exceptional as a hands off Net investment.
Open plan
Open living space
£3.7m Regeneration
A scheme to smarten up shops in Dewsbury town centre and boost its economy is underway
Central location
Cevelopment in a fantastic central location in Dewsbury
Fully Managed
5-Year Agreement
The local area
Following a successful bid by Kirklees Council, the Heritage Lottery Fund awarded them £2m. The council then contributed a further £1.7m towards what has become the Dewsbury Townscape Heritage Initiative.
Refurbishments to shops in Northgate, Queensway Arcade and Foundry Street include new shop fronts, and the replacement and decoration of defective guttering, pipes, windows and doors.
LINKS
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Birchmore Ltd. Calls may be recorded for quality and training purposes.
Company Number 11569470.
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