* INVESTMENT OPPORTUNITY - 6 BEDROOM HMO CURRENTLY GENERATING A YIELD OF 9% ANNUALLY *
This six bedroom licensed HMO is well located in the popular residential area and is situated within 0.3 miles of Hook's main line train station which offers access to London Waterloo.
The property currently returns an annual yield of 9% with a monthly rental income of £3,725 and an annual income of £44,700.
The living accommodation is split over three floors with a communal kitchen/ living room, two communal bath/ shower rooms and a cloakroom to the ground floor. To the rear of the property there is an enclosed rear garden with paved patio and an area of lawn. The rear access gate leads onto the carpark where there is an allocated parking space.
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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