FOR SALE - 6 BED fully licensed HMO with over £40,000 gross rent per annum at a gross yield of 13%.
- CAN BE SOLD VACANT POSSESSION
- 6 Large bedrooms including multiple rooms have kitchenettes - Can be sold vacant or with tenants in situ - Income is for last 12 months - Low running costs at around £9,900 including property management PA - High standard refurbishment in last few years - Ready to go without any further work needed
Set in a desirable HMO area, this property is always in demand Modern layout includes:
6 double bedrooms
Spacious open plan communal kitchen + living area
3 bathrooms
Net income: £2,500pcm EST
This is a rare turnkey investment in a prime location. Cashflowing from day one with room to grow.
Council Tax Band: A Tenure: Freehold Garden details: Private Garden, Rear Garden
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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