Epic 6 Bed HMO

West Street, Banbury OX16

REF 1028

  • INVESTMENT

    £425,000

  • GROSS YIELD

    9.18%

  • ANNUAL RENT

    £39,012

Epic 6 Bed HMO For Sale
Sold
  • INVESTMENT

    £425,000

  • GROSS YIELD

    9.18%

  • ANNUAL RENT

    £39,012

  • REF

    1028

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 £425,000
  • Gross Annual Rent £39,012
  • Gross Monthly Rent £3,251
  • Gross Yield 9.18%
  • Net Monthly Rent £2,622
  • Net Yield 7.4%
  • Min 25% Deposit Requirement £106,250
  • Monthly Mortgage Payment* £664
  • Monthly Cashflow £1,958

*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 £425,000.

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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 None
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 53E
  • Size 1593 ft²
  • Listed Building No
  • Kitchens 1
  • Single Ensuite 4
  • Kitchenettes
  • Double Ensuite 2
  • Ensuite Bathrooms 6
  • Seperate WCs 1
  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking None
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 53E
  • Size 1593 ft²
  • Listed Building No
  • Kitchens 1
  • Single Ensuite 4
  • Double Ensuite 2
  • Ensuite Bathrooms 6
  • Seperate WCs 1
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Photos

Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 Bed HMO For Sale
Epic 6 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
  • 6
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 6
  • Unit 1
  • £520
  • Let
  • Double Room / Ensuite
  • Unit 2
  • £498
  • Let
  • Double Room / Ensuite
  • Unit 3
  • £693
  • Let
  • Double Room / Ensuite
  • Unit 4
  • £520
  • Let
  • Double Room / Ensuite
  • Unit 5
  • £520
  • Let
  • Double Room / Ensuite
  • Unit 6
  • £500
  • Let
  • Double Room / Ensuite
  • Total £3251
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Costs

  • Gas £180
  • Water £120
  • Wifi £41
  • Electric
  • Cleaner £80
  • TV Licence
  • Insurance £30
  • Council Tax £178
  • Gas £180
  • Water £120
  • Wifi £41
  • Electric
  • Cleaner £80
  • TV Licence
  • Insurance £30
  • Council Tax £178
  • Total £629
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LICENSING

  • HMO License Required Yes
  • HMO License Expiry 2020-07-15
  • HMO License in Place Yes
  • No of Persons 8
  • HMO Licensing Cost £1000
  • Units of Accomodation 6
  • Licensing Authority Cherwell District Council
  • HMO License Required Yes
  • HMO License Expiry 2020-07-15
  • HMO License in Place Yes
  • No of Persons 8
  • HMO Licensing Cost £1000
  • Units of Accomodation 6
  • Licensing Authority Cherwell District Council
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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

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