St Mary’s
- Location
- Barnsley
- No. of apartments
- 35
- Assisted living apartments from
- £199,995
St Mary’s, Barnsley Overview
St Mary’s is an excellent opportunity to invest in an income-generating block of 35 apartments in the South Yorkshire market town of Barnsley that is currently generating an impressive 9.1% yield, with each unit generating £350 per week. This refurbished property will benefit from an excellent location, situated on the east side of Pontefract Road at the junction with Littleworth Lane, and consists of 35 income-generating apartments.
One of the most unique aspects of investing at St Mary’s is that it is currently being leased to the non-profit housing company under a fully internally repairing insurance (FIRI) lease that also includes annual Consumer Price Index (CPI) increases, and with the national CPI rising at an unprecedented rate in recent years, the scope for growth in rental income through CPI increases is extremely high.
Investment Highlights
- Purchase price: £199,995
- 9.1% yields for 25-years
- Earn income instantly
- Hands-off, fully-managed investment
- All running and repair costs covered
- Annual inflation-linked rent increases
Invest in Supported Living UK
The supported living market is one of the most secure and profitable markets for property investment, with many properties receiving above-average rental yields whilst also being protected by long-term government leases in the majority of cases.
Supported living property investment offers investors the chance to benefit from a strong return on their investment whilst also seeing the tremendous benefits these kinds of properties can have on the residents who inhabit them. Here at Knight Knox, we offer a range of on and off-market opportunities to invest in completed, income-generating supported living properties in the UK, get in touch today to find out more.
Why invest in Barnsley?
Barnsley is a large town in South Yorkshire with a population of around 230,000. The town benefits from an excellent strategic location in the country, offering direct train links to the likes of Nottingham, Sheffield, Leeds and more. Barnsley is currently in the midst of an ambitious regeneration plan that aims to create 39,000 jobs and attract 1,600 new businesses by 2033, only further enhancing the investment potential in the area.
Nearby
- Dearne Valley Country Park (0.8 miles)
- Barnsley Main Colliery (1.0 miles)
- Barnsley Main Nature Reserve (1.1 miles)
- Barnsley Town Centre (2.1 miles)