Permanent Flat Investment

A mid-terrace double fronted property in the popular Claremont residential area close to schools, shops and bus routes. Arranged as 7 flats internally comprising 1×3, 1×2, 3×1 and 2 x Studio; each self-contained. The property focuses on providing accommodation for occupants claiming housing benefit and in turn attracts the local housing benefit tariff. When fully occupied the flats can attract IRO £37,000+ per annum. Internally the tenants elect to live in their own style including some smokers. Managed correctly this market segment can be very lucrative. Majority electric heating, 2 flats also enjoy gas central heating.