Epic 7 Bed HMO For Sale | Agent HMO

Epic 7 Bed HMO

West Street, Banbury OX16

REF 1027

  • INVESTMENT

    £475,000

  • GROSS YIELD

    10.53%

  • ANNUAL RENT

    £50,004

Epic 7 Bed HMO For Sale
For Sale
  • INVESTMENT

    £475,000

  • GROSS YIELD

    10.53%

  • ANNUAL RENT

    £50,004

  • REF

    1027

DESCRIPTION

Well located professional HMO within walking distance to the town centre.

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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 £475,000
  • Gross Annual Rent £50,004
  • Gross Monthly Rent £4,167
  • Gross Yield 10.53%
  • Net Monthly Rent £3,209
  • Net Yield 8.11%
  • Min 25% Deposit Requirement £118,750
  • Monthly Mortgage Payment* £742
  • Monthly Cashflow £2,467

*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 £475,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 57D
  • Size 1485 ft²
  • Listed Building No
  • Kitchens 2
  • Single Ensuite 4
  • Kitchenettes 1
  • Double Ensuite 2
  • Ensuite Bathrooms 7
  • Studio 1
  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 57D
  • Size 1485 ft²
  • Listed Building No
  • Kitchens 2
  • Single Ensuite 4
  • Kitchenettes 1
  • Double Ensuite 2
  • Ensuite Bathrooms 7
  • Studio 1
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Photos

Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
Epic 7 Bed HMO For Sale
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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
  • 100
  • Occupancy
  • Fully Let
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 7
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 7
  • Unit 1
  • £460
  • Let
  • Double Room
  • Unit 2
  • £480
  • Let
  • Double Room / Ensuite
  • Unit 3
  • £715
  • Let
  • Double Room
  • Unit 4
  • £563
  • Let
  • Double Room / Ensuite
  • Unit 5
  • £693
  • Let
  • Double Room / Ensuite
  • Unit 6
  • £606
  • Let
  • Double Room / Ensuite
  • Unit 7
  • £650
  • Let
  • Double Room / Ensuite
  • Total £4167
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Costs

  • Gas £250
  • Water £70
  • Wifi £75
  • Electric £200
  • Cleaner £50
  • TV Licence £13
  • Insurance £40
  • Council Tax £260
  • Gas £250
  • Water £70
  • Wifi £75
  • Electric £200
  • Cleaner £50
  • TV Licence £13
  • Insurance £40
  • Council Tax £260
  • Total £958
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LICENSING

  • HMO License Required Yes
  • HMO License Expiry 2021-09-13
  • HMO License in Place Yes
  • No of Persons 9
  • HMO Licensing Cost £1000
  • Units of Accomodation 7
  • Licensing Authority Cherwell District Countil
  • HMO License Required Yes
  • HMO License Expiry 2021-09-13
  • HMO License in Place Yes
  • No of Persons 9
  • HMO Licensing Cost £1000
  • Units of Accomodation 7
  • Licensing Authority Cherwell District Countil
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Management

  • Type Self Managed

Local Management Available at 12%

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FLOOR PLAN

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LOCATION

West Street, Banbury, OX16 3HD, United Kingdom

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BROCHURE

Download the investment brochure
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To find out more or arrange a viewing regarding this HMO opportunity, feel free to get in touch.
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