Newly Refurbed 5 Bed HMO For Sale | Agent HMO

Newly Refurbed 5 Bed HMO

Abbotsfield Road, Crawley RH11

REF 1077

  • INVESTMENT

    £375,000

  • GROSS YIELD

    8.56%

  • ANNUAL RENT

    £32,100

Newly Refurbed 5 Bed HMO For Sale
Coming Soon
  • INVESTMENT

    £375,000

  • GROSS YIELD

    8.56%

  • ANNUAL RENT

    £32,100

  • REF

    1077

DESCRIPTION

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Features

  • Fully Tenanted
  • Fully Refurbished
  • 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 £375,000
  • Gross Annual Rent £32,100
  • Gross Monthly Rent £2,675
  • Gross Yield 8.56%
  • Net Monthly Rent £2,065
  • Net Yield 6.61%
  • Min 25% Deposit Requirement £93,750
  • Monthly Mortgage Payment* £586
  • Monthly Cashflow £1,479

*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 £375,000.

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Property

  • Property Type House
  • Double Glazing Part
  • Sub Type End of Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking None
  • Condition Excellent
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Single 1
  • Kitchens 1
  • Double 2
  • Reception Rooms 1
  • Double Ensuite 2
  • Ensuite Bathrooms 2
  • Shared Bathrooms 2
  • Property Type House
  • Double Glazing Part
  • Sub Type End of Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking None
  • Condition Excellent
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Single 1
  • Kitchens 1
  • Double 2
  • Reception Rooms 1
  • Double Ensuite 2
  • Ensuite Bathrooms 2
  • Shared Bathrooms 2
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Photos

Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 Bed HMO For Sale
Newly Refurbed 5 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
  • 5
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 5
  • Unit 1
  • £625
  • Let
  • Double Room / Ensuite
  • Unit 2
  • £600
  • Let
  • Double Room / Ensuite
  • Unit 3
  • £500
  • Let
  • Double Room
  • Unit 4
  • £500
  • Let
  • Double Room
  • Unit 5
  • £450
  • Let
  • Single Room
  • Total £2675
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Costs

  • Gas £85
  • Water £50
  • Wifi £31
  • Electric £85
  • Cleaner £70
  • TV Licence £13
  • Insurance £102
  • Council Tax £174
  • Gas £85
  • Water £50
  • Wifi £31
  • Electric £85
  • Cleaner £70
  • TV Licence £13
  • Insurance £102
  • Council Tax £174
  • Total £610
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LICENSING

  • HMO License Required Yes
  • HMO License Expiry 2024-12-01
  • HMO License in Place Yes
  • No of Persons 7
  • HMO Licensing Cost £1000
  • Units of Accomodation 5
  • Licensing Authority Crawley Borough Council
  • HMO License Required Yes
  • HMO License Expiry 2024-12-01
  • HMO License in Place Yes
  • No of Persons 7
  • HMO Licensing Cost £1000
  • Units of Accomodation 5
  • Licensing Authority Crawley Borough Council
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Management

  • Type Self Managed

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FLOOR PLAN

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LOCATION

Abbotsfield Road, Crawley, RH11 0QT, United Kingdom

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BROCHURE

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