Prime Refurbed 12 Self Contained Student HMO

Park Road, Loughborough, LE11

REF 1167

  • INVESTMENT

    £999,999

  • GROSS YIELD

    8.94%

  • ANNUAL RENT

    £89,400

Prime Refurbed 12 Self Contained Student HMO For Sale
Coming Soon
  • INVESTMENT

    £999,999

  • GROSS YIELD

    8.94%

  • ANNUAL RENT

    £89,400

  • REF

    1167

DESCRIPTION

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Features

  • Fully Tenanted
  • Fully Refurbished
  • Great Location
  • Strong Rental Demand
  • Capital Growth Potential
  • Good Transport Links
  • Fully Managed
  • Wifi Enabled Heating
  • Wireless Broadband
  • Shared Kitchen Dining Area
  • HMO Compliant Fire Alarm
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FINANCIALS

  • Investment £999,999
  • Gross Annual Rent £89,400
  • Gross Monthly Rent £7,450
  • Gross Yield 8.94%
  • Net Monthly Rent £6,021
  • Net Yield 7.23%
  • Min 25% Deposit Requirement £250,000
  • Monthly Mortgage Payment* £1,563
  • Monthly Cashflow £4,459

*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 £999,999.

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Property

  • Property Type House
  • Double Glazing Part
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Good
  • No Parking Spaces 6
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building Yes
  • Kitchens 4
  • Single Ensuite 1
  • Kitchenettes 11
  • Double Ensuite 10
  • Ensuite Bathrooms 12
  • Studio 1
  • Property Type House
  • Double Glazing Part
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Good
  • No Parking Spaces 6
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building Yes
  • Kitchens 4
  • Single Ensuite 1
  • Kitchenettes 11
  • Double Ensuite 10
  • Ensuite Bathrooms 12
  • Studio 1
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Photos

Prime Refurbed 12 Self Contained Student HMO For Sale
Prime Refurbed 12 Self Contained Student HMO For Sale
Prime Refurbed 12 Self Contained Student HMO For Sale
Prime Refurbed 12 Self Contained Student HMO For Sale
Prime Refurbed 12 Self Contained Student HMO For Sale
Prime Refurbed 12 Self Contained Student HMO For Sale
Prime Refurbed 12 Self Contained Student HMO For Sale
Prime Refurbed 12 Self Contained Student HMO For Sale
Prime Refurbed 12 Self Contained Student HMO For Sale
Prime Refurbed 12 Self Contained Student HMO For Sale
Prime Refurbed 12 Self Contained Student HMO For Sale
Prime Refurbed 12 Self Contained Student HMO For Sale
Prime Refurbed 12 Self Contained Student HMO For Sale
Prime Refurbed 12 Self Contained Student HMO For Sale
Prime Refurbed 12 Self Contained Student 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
  • Student
  • 12 Month Occupancy
  • 100
  • Occupancy
  • Fully Let
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 12
  • Tenant Type
  • Student
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 12
  • Unit 1
  • £550
  • Let
  • Double Room / Ensuite
  • Unit 2
  • £550
  • Let
  • Double Room / Ensuite
  • Unit 3
  • £550
  • Let
  • Double Room / Ensuite
  • Unit 4
  • £750
  • Let
  • Double Room / Ensuite
  • Unit 5
  • £550
  • Let
  • Double Room / Ensuite
  • Unit 6
  • £750
  • Let
  • Double Room / Ensuite
  • Unit 7
  • £550
  • Let
  • Double Room / Ensuite
  • Unit 8
  • £550
  • Let
  • Double Room / Ensuite
  • Unit 9
  • £750
  • Let
  • Double Room / Ensuite
  • Unit 10
  • £500
  • Let
  • Double Room / Ensuite
  • Unit 11
  • £850
  • Let
  • Studio
  • Unit 12
  • £550
  • Let
  • Single Room / Ensuite
  • Total £7450
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Costs

  • Gas £253
  • Water £95
  • Wifi £30
  • Electric £392
  • Cleaner £100
  • TV Licence
  • Insurance £150
  • Council Tax £409
  • Gas £253
  • Water £95
  • Wifi £30
  • Electric £392
  • Cleaner £100
  • TV Licence
  • Insurance £150
  • Council Tax £409
  • Total £1,429
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LICENSING

  • HMO License Required Yes
  • HMO License Expiry 2024-10-02
  • HMO License in Place Yes
  • No of Persons 12
  • HMO Licensing Cost £1000
  • Units of Accomodation 12
  • Licensing Authority Charnwood Borough Council
  • HMO License Required Yes
  • HMO License Expiry 2024-10-02
  • HMO License in Place Yes
  • No of Persons 12
  • HMO Licensing Cost £1000
  • Units of Accomodation 12
  • Licensing Authority Charnwood Borough Council
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Management

  • Type Self Managed

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FLOOR PLAN

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LOCATION

Park Road, Loughborough, LE11 2HD, 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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