King size rooms in a Luxury 4 star Hotel in Harrogate with 999 year lease are proving a ‘hit’ with Investors

Posted on June 3, 2008. Filed under: UK Property | Tags: , , , , , , |

King size rooms in a Luxury 4 star Hotel in Harrogate with 999 year lease are proving a ‘hit’ with Investors

SIPP compliant hotel rooms with guaranteed rental of 12% for 1 year with 85% repayment mortgages priced £185,000 are causing great interest.

The established hotel has an occupancy rate of approximately 79% and the further

Anticipated yield is 15+

With only 44 rooms available this is proving to be an exciting investment to our clients.

The hotel is located in the beautiful town of Harrogate and is only metres away from the International Conference Centre.

Purchasing hotel rooms in London has proved popular but they are very expensive, so this option is very affordable with the repayment mortgage of 7% interest rate over 25 years the figures look very attractive to investors. Of course, it is also very attractive to those Investors who are looking a SIPP compliant investments.

These units are being reserved very quickly. For further info on this exciting investment please contact pauline@internationalhorizons.co.uk or visit http://internationalhorizons.co.uk/developments.php?development_id=1406 and enquire through our website.

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