Superb 5 Bed HMO

Adams Avenue, Northampton, NN1

REF 1156

  • INVESTMENT

    £999,999

  • GROSS YIELD

    3%

  • ANNUAL RENT

    £30,000

AgentHMO default property
Coming Soon
  • INVESTMENT

    £999,999

  • GROSS YIELD

    3%

  • ANNUAL RENT

    £30,000

  • REF

    1156

DESCRIPTION

Back to menu

Features

  • Fully Refurbished
  • Great Location
  • Strong Rental Demand
  • Capital Growth Potential
  • Good Transport Links
  • Wireless Broadband
  • Shared Kitchen Dining Area
  • HMO Compliant Fire Alarm
Back to menu

FINANCIALS

  • Investment £999,999
  • Gross Annual Rent £30,000
  • Gross Monthly Rent £2,500
  • Gross Yield 3%
  • Net Monthly Rent £2,082
  • Net Yield 2.5%
  • Min 25% Deposit Requirement £250,000
  • Monthly Mortgage Payment* £1,563
  • Monthly Cashflow £520

*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.

Back to menu

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.

Back to menu

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
  • Size 1506 ft²
  • Listed Building No
  • Kitchens 1
  • Double 5
  • Reception Rooms 2
  • Shared Bathrooms 2
  • 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
  • Size 1506 ft²
  • Listed Building No
  • Kitchens 1
  • Double 5
  • Reception Rooms 2
  • Shared Bathrooms 2
Back to menu

Photos

Back to menu

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.

Back to menu

Rental

  • Tenant Type
  • Professional
  • 12 Month Occupancy
  • 100
  • Occupancy
  • Part Let
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 5
  • Tenant Type
  • Professional
  • Occupancy
  • Part Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 5
  • Unit 1
  • £500
  • Let
  • Double Room
  • Unit 2
  • £500
  • Let
  • Double Room
  • Unit 3
  • £500
  • Vacant
  • Double Room
  • Unit 4
  • £500
  • Let
  • Double Room
  • Unit 5
  • £500
  • Let
  • Double Room
  • Total £2500
Back to menu

Costs

  • Gas £100
  • Water £50
  • Wifi £30
  • Electric £100
  • Cleaner
  • TV Licence £13
  • Insurance £25
  • Council Tax £100
  • Gas £100
  • Water £50
  • Wifi £30
  • Electric £100
  • Cleaner
  • TV Licence £13
  • Insurance £25
  • Council Tax £100
  • Total £418
Back to menu

LICENSING

  • HMO License Required Yes
  • HMO License in Place Yes
  • HMO Licensing Cost £1000
  • HMO License Required Yes
  • HMO License in Place Yes
  • HMO Licensing Cost £1000
Back to menu

Management

Back to menu

FLOOR PLAN

Back to menu

LOCATION

Adams Avenue, Northampton, NN1 4LQ, United Kingdom

Back to menu

BROCHURE

Download the investment brochure
Back to menu
Coming Soon. We are currently in the process of on boarding this HMO opportunity. See Ts & Cs.
REGISTER YOUR INTEREST