Epic 10 Bed all Ensuite Professional HMO

Edge Lane, Droylsden, M43

REF 620

  • INVESTMENT

    £625,000

  • GROSS YIELD

    10.94%

  • ANNUAL RENT

    £68,400

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  • INVESTMENT

    £625,000

  • GROSS YIELD

    10.94%

  • ANNUAL RENT

    £68,400

  • REF

    620

DESCRIPTION

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Features

  • Fully Tenanted
  • Great Location
  • Strong Rental Demand
  • Capital Growth Potential
  • Good Transport Links
  • Wireless Broadband
  • Shared Kitchen Dining Area
  • HMO Compliant Fire Alarm
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FINANCIALS

  • Investment £625,000
  • Gross Annual Rent £68,400
  • Gross Monthly Rent £5,700
  • Gross Yield 10.94%
  • Net Monthly Rent £5,700
  • Net Yield 10.94%
  • Min 25% Deposit Requirement £156,250
  • Monthly Mortgage Payment* £977
  • Monthly Cashflow £4,723

*Based on 75% LTV 2.5% APR. Note. Always speak to a qualified HMO mortgage broker for an accurate quote. These rates are an example of the potential % APR rates only. Visit theHMOmortgagebroker.co.uk to find out the latest HMO mortgage rates.

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Fees

  • Buyers Fee £0

The fee charged to the buyer in addition to the purchase price.

  • Reservation Deposit --

The deposit amount to secure the HMO opportunity. This is fully refundable in accordance with the terms & conditions (see FAQs) and is deducted from the purchasre price upon completion. In the case of this property, the reservation deposit is -- then the balance due on completion is £625,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type End of Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking
  • Condition Excellent
  • No Parking Spaces 10
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building
  • Kitchens 2
  • Reception Rooms 1
  • Double Ensuite 12
  • Ensuite Bathrooms 12
  • Property Type House
  • Double Glazing Full
  • Sub Type End of Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking
  • Condition Excellent
  • No Parking Spaces 10
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building
  • Kitchens 2
  • Reception Rooms 1
  • Double Ensuite 12
  • Ensuite Bathrooms 12
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Photos

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VIRTUAL TOUR

Use the most immersive way to experience a property online. Take a virtual tour.

Use the most immersive way to experience a property online. Take a virtual tour.

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Rental

  • Tenant Type
  • Professional
  • 12 Month Occupancy
  • Occupancy
  • Vacant
  • Tenancy Type
  • No. of Tenants
  • 12
  • Tenant Type
  • Professional
  • Occupancy
  • Vacant
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 12
  • Unit 1
  • £475
  • Unit 2
  • £475
  • Unit 3
  • £475
  • Unit 4
  • £475
  • Unit 5
  • £475
  • Unit 6
  • £475
  • Unit 7
  • £475
  • Unit 8
  • £475
  • Unit 9
  • £475
  • Unit 10
  • £475
  • Unit 11
  • £475
  • Unit 12
  • £475
  • Total £5700
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Costs

  • Gas
  • Water
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance
  • Council Tax
  • Gas
  • Water
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance
  • Council Tax
  • Total £0
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LICENSING

  • HMO License Required Yes
  • HMO License Required Yes
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Management

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FLOOR PLAN

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LOCATION

Edge Lane, Droylsden, Manchester, M43 6BS, United Kingdom

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BROCHURE

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Coming Soon. We are currently in the process of on boarding this HMO opportunity. See Ts & Cs.
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