Super Fullt Let 6 Bed Professional HMO

Industry Road, Darnell, Sheffield, S9

REF 641

  • INVESTMENT

    £200,000

  • GROSS YIELD

    13.8%

  • ANNUAL RENT

    £27,600

AgentHMO default property
Sold
  • INVESTMENT

    £200,000

  • GROSS YIELD

    13.8%

  • ANNUAL RENT

    £27,600

  • REF

    641

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 £200,000
  • Gross Annual Rent £27,600
  • Gross Monthly Rent £2,300
  • Gross Yield 13.8%
  • Net Monthly Rent £1,862
  • Net Yield 11.17%
  • Min 25% Deposit Requirement £50,000
  • Monthly Mortgage Payment* £313
  • Monthly Cashflow £1,550

*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 £200,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Detached
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Good
  • No Parking Spaces 1
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building
  • Kitchens 1
  • Single Ensuite 1
  • Kitchenettes
  • Double Ensuite 4
  • Ensuite Bathrooms 6
  • Studio 1
  • Property Type House
  • Double Glazing Full
  • Sub Type Detached
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Good
  • No Parking Spaces 1
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building
  • Kitchens 1
  • Single Ensuite 1
  • Double Ensuite 4
  • Ensuite Bathrooms 6
  • Studio 1
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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
  • Fully Let
  • Tenancy Type
  • No. of Tenants
  • 6
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 6
  • Unit 1
  • £390
  • Let
  • Double Room / Ensuite
  • Unit 2
  • £390
  • Let
  • Double Room / Ensuite
  • Unit 3
  • £390
  • Let
  • Double Room / Ensuite
  • Unit 4
  • £305
  • Let
  • Single Room / Ensuite
  • Unit 5
  • £370
  • Let
  • Double Room / Ensuite
  • Unit 6
  • £455
  • Let
  • Studio
  • Total £2300
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Costs

  • Gas £115
  • Water £30
  • Wifi £42
  • Electric £115
  • Cleaner
  • TV Licence
  • Insurance £31
  • Council Tax £105
  • Gas £115
  • Water £30
  • Wifi £42
  • Electric £115
  • Cleaner
  • TV Licence
  • Insurance £31
  • Council Tax £105
  • Total £438
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LICENSING

  • HMO License Expiry 2021-12-09
  • HMO Licensing Cost £1000
  • HMO License Expiry 2021-12-09
  • HMO Licensing Cost £1000
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Management

  • Type Local Agent
  • Management Rate 10%
  • Monthly Management £230

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FLOOR PLAN

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LOCATION

Industry Road, Sheffield, S9 5FQ, United Kingdom

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BROCHURE

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This property is now Sold. For more like it you can leave your details and we will be in touch to discuss.
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