8 Bed London HMO For Sale

DESCRIPTION

Features

FINANCIALS

Investment £999,999
Gross Annual Rent £59,760
Gross Monthly Rent £4,980
Gross Yield 5.98%
Net Monthly Rent £3,816
Net Yield 4.58%

Min 25% Deposit Requirement £250,000
Monthly Mortgage Payment* £1,563
Monthly Cashflow £2,254

*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 £999,999.

Property

Property Type House
Double Glazing Full
Sub Type Semi-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 54E
Size 957 ft²
Listed Building No

Single 2
Kitchens 2
Single Ensuite 1
Kitchenettes 1
Double 7
Reception Rooms 1
Double Ensuite 1
Ensuite Bathrooms 2
Studio 1
Shared Bathrooms 2
Seperate WCs 3

Property Type House
Double Glazing Full
Sub Type Semi-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 54E
Size 957 ft²
Listed Building No

Single 2
Kitchens 2
Single Ensuite 1
Kitchenettes 1
Double 7
Reception Rooms 1
Double Ensuite 1
Ensuite Bathrooms 2
Studio 1
Shared Bathrooms 2
Seperate WCs 3

Photos

VIRTUAL TOUR

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VIRTUAL TOUR NOT AVAILABLE

Rental

Tenant Type
Professional
12 Month Occupancy

Occupancy
Fully Let
Tenancy Type

No. of Tenants
8

Tenant Type
Professional
Occupancy
Fully Let
12 Month Occupancy
Tenancy Type
No. of Tenants
8

Unit 1
£870

Unit 2
£590

Unit 3
£590

Unit 4
£620

Unit 5
£550

Unit 6
£620

Unit 7
£590

Unit 8
£550

Total £4980

Costs

Gas £350
Water £88
Wifi £50
Electric £140
Cleaner £140
TV Licence £12
Insurance £109
Council Tax £275

Gas £350
Water £88
Wifi £50
Electric £140
Cleaner £140
TV Licence £12
Insurance £109
Council Tax £275

Total £1,164

LICENSING

HMO License Required Yes
HMO License Expiry 2024-01-02
HMO License in Place Yes
No of Persons 12
Units of Accomodation 8
Licensing Authority Enfield Council

HMO License Required Yes
HMO License Expiry 2024-01-02
HMO License in Place Yes
No of Persons 12
Units of Accomodation 8
Licensing Authority Enfield Council

Management

FLOOR PLAN

LOCATION

Palmerston Road, London, SW19 1PD, United Kingdom

BROCHURE

Download the investment brochure

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

8 Bed London HMO

Palmerston Road London, SW19