Super Refurbished 5 Double Ensuite Bed HMO

Lawton St, Crewe, CW2

REF 1178

  • INVESTMENT

    £215,000

  • GROSS YIELD

    11.95%

  • ANNUAL RENT

    £25,692

Super Refurbished 5 Double Ensuite Bed HMO For Sale
Under Offer
  • INVESTMENT

    £215,000

  • GROSS YIELD

    11.95%

  • ANNUAL RENT

    £25,692

  • REF

    1178

DESCRIPTION

Super 5 Bed Fully Refurbished HMO property

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Features

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

  • Investment £215,000
  • Gross Annual Rent £25,692
  • Gross Monthly Rent £2,141
  • Gross Yield 11.95%
  • Net Monthly Rent £1,664
  • Net Yield 9.29%
  • Min 25% Deposit Requirement £53,750
  • Monthly Mortgage Payment* £336
  • Monthly Cashflow £1,328

*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 £2,000

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 £2000 then the balance due on completion is £213,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Excellent
  • No Parking Spaces 5
  • Heating Gas Central Heating
  • EPC Rating 66D
  • Size 1044 ft²
  • Listed Building No
  • Kitchens 1
  • Double Ensuite 5
  • Ensuite Bathrooms 5
  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Excellent
  • No Parking Spaces 5
  • Heating Gas Central Heating
  • EPC Rating 66D
  • Size 1044 ft²
  • Listed Building No
  • Kitchens 1
  • Double Ensuite 5
  • Ensuite Bathrooms 5
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Photos

Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
Super Refurbished 5 Double Ensuite Bed HMO For Sale
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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
  • £561
  • Let
  • Double Room / Ensuite
  • Unit 2
  • £400
  • Let
  • Double Room / Ensuite
  • Unit 3
  • £420
  • Let
  • Double Room / Ensuite
  • Unit 4
  • £400
  • Let
  • Double Room / Ensuite
  • Unit 5
  • £360
  • Let
  • Double Room / Ensuite
  • Total £2141
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Costs

  • Gas £90
  • Water £47
  • Wifi £22
  • Electric £90
  • Cleaner £28
  • TV Licence £41
  • Insurance £50
  • Council Tax £109
  • Gas £90
  • Water £47
  • Wifi £22
  • Electric £90
  • Cleaner £28
  • TV Licence £41
  • Insurance £50
  • Council Tax £109
  • Total £477
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LICENSING

  • HMO License Required Yes
  • HMO License Expiry 2025-10-12
  • HMO License in Place Yes
  • No of Persons 5
  • HMO Licensing Cost £1000
  • Units of Accomodation 5
  • Licensing Authority Cheshire East Council
  • HMO License Required Yes
  • HMO License Expiry 2025-10-12
  • HMO License in Place Yes
  • No of Persons 5
  • HMO Licensing Cost £1000
  • Units of Accomodation 5
  • Licensing Authority Cheshire East Council
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Management

  • Type Local Agent
  • Management Rate 15%
  • Monthly Management £321

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FLOOR PLAN

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LOCATION

Lawton Street, Crewe, CW2 7HZ, United Kingdom

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BROCHURE

Download the investment brochure
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This property is currently under offer, but make sure you leave your details incase anything changes.
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