Super 6 Bed Professional HMO Property For Sale

DESCRIPTION

Features

Fully Tenanted
Fully Refurbished
Great Location
Strong Rental Demand
Capital Growth Potential
Good Transport Links
Shared Kitchen Dining Area

FINANCIALS

Investment £635,000
Gross Annual Rent £44,520
Gross Monthly Rent £3,710
Gross Yield 7.01%
Net Monthly Rent £3,175
Net Yield 6%

Min 25% Deposit Requirement £158,750
Monthly Mortgage Payment* £992
Monthly Cashflow £2,183

*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.

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 £635,000.

Property

Property Type House
Double Glazing Full
Sub Type Semi-Detached
Garage Single
Tenure Freehold
Garden Front & Rear
Construction Brick & Tile
Parking Off-Road
Condition Excellent
No Parking Spaces 1
Heating Gas Central Heating
EPC Rating 70C
Size 1420 ft²
Listed Building No

Kitchens 1
Double 1
Reception Rooms 1
Double Ensuite 5
Ensuite Bathrooms 5
Shared Bathrooms 1

Property Type House
Double Glazing Full
Sub Type Semi-Detached
Garage Single
Tenure Freehold
Garden Front & Rear
Construction Brick & Tile
Parking Off-Road
Condition Excellent
No Parking Spaces 1
Heating Gas Central Heating
EPC Rating 70C
Size 1420 ft²
Listed Building No

Kitchens 1
Double 1
Reception Rooms 1
Double Ensuite 5
Ensuite Bathrooms 5
Shared Bathrooms 1

Photos

VIRTUAL TOUR

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Rental

Tenant Type
Professional
12 Month Occupancy
100%

Occupancy
Fully Let
Tenancy Type
Multi Tenancy

No. of Tenants
6

Tenant Type
Professional
Occupancy
Fully Let
12 Month Occupancy
100%
Tenancy Type
Multi Tenancy
No. of Tenants
6

Unit 1
£625
Let
Double Room / Ensuite

Unit 2
£585
Let
Double Room / Ensuite

Unit 3
£630
Let
Double Room

Unit 4
£650
Let
Double Room / Ensuite

Unit 5
£585
Let
Double Room / Ensuite

Unit 6
£635
Let
Double Room / Ensuite

Total £3710

Costs

Gas £70
Water £75
Wifi £25
Electric £70
Cleaner £48
TV Licence £13
Insurance £20
Council Tax £214

Gas £70
Water £75
Wifi £25
Electric £70
Cleaner £48
TV Licence £13
Insurance £20
Council Tax £214

Total £535

LICENSING

HMO License Required Yes
HMO License Expiry 2025-09-03
HMO License in Place Yes
No of Persons 6
HMO Licensing Cost £800
Units of Accomodation 6
Planning Use Class C4

HMO License Required Yes
HMO License Expiry 2025-09-03
HMO License in Place Yes
No of Persons 6
HMO Licensing Cost £800
Units of Accomodation 6
Planning Use Class C4

Management

Type Local Agent
Management Rate 12%
Monthly Management £445

Ox Living

FLOOR PLAN

LOCATION

Mayhew Crescent, High Wycombe, HP13 6DF, United Kingdom

BROCHURE

Download the investment brochure

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

Super 6 Bed Professional HMO Property

Mayhew Cresent High Wycombe, HP13