Block of 6, 1 & 2 Bed Apartments For Sale | Agent HMO

Block of 6, 1 & 2 Bed Apartments

Vivian Road, Wellingborough NN8

REF 1226

  • INVESTMENT

    £900,000

  • GROSS YIELD

    5.39%

  • ANNUAL RENT

    £48,480

Block of 6, 1 & 2 Bed Apartments For Sale
For Sale
  • INVESTMENT

    £900,000

  • GROSS YIELD

    5.39%

  • ANNUAL RENT

    £48,480

  • REF

    1226

DESCRIPTION

Superbly Renovated & Fully Tenanted Block of Apartments

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Features

  • Fully Tenanted
  • Fully Refurbished
  • Great Location
  • Strong Rental Demand
  • Capital Growth Potential
  • Good Transport Links
  • Fully Managed
  • CCTV
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FINANCIALS

  • Investment £900,000
  • Gross Annual Rent £48,480
  • Gross Monthly Rent £4,040
  • Gross Yield 5.39%
  • Net Monthly Rent £4,040
  • Net Yield 5.39%
  • Min 25% Deposit Requirement £225,000
  • Monthly Mortgage Payment* £1,406
  • Monthly Cashflow £2,634

*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 £900,000.

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Property

  • Property Type Freehold Block
  • Double Glazing Full
  • Sub Type Flat
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking None
  • Condition Excellent
  • No Parking Spaces
  • Heating Electric
  • EPC Rating
  • Size 2594 ft²
  • Listed Building No
  • 1 Bed Flat 2
  • 2 Bed Flat 4
  • Property Type Freehold Block
  • Double Glazing Full
  • Sub Type Flat
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking None
  • Condition Excellent
  • No Parking Spaces
  • Heating Electric
  • EPC Rating
  • Size 2594 ft²
  • Listed Building No
  • 1 Bed Flat 2
  • 2 Bed Flat 4
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Photos

Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments For Sale
Block of 6, 1 & 2 Bed Apartments 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
  • 6
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 6
  • Unit 1
  • £600
  • Let
  • 1 Bed Flat
  • Unit 2
  • £695
  • Let
  • 2 Bed Flat
  • Unit 3
  • £695
  • Let
  • 2 Bed Flat
  • Unit 4
  • £725
  • Let
  • 2 Bed Flat
  • Unit 5
  • £625
  • Let
  • 1 Bed Flat
  • Unit 6
  • £700
  • Let
  • 2 Bed Flat
  • Total £4040
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Costs

  • Gas
  • Water
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance
  • Council Tax
  • Gas
  • Water
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance
  • Council Tax
  • Total £0
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LICENSING

  • HMO License Required No
  • HMO License in Place No
  • Planning Use Class C3
  • HMO License Required No
  • HMO License in Place No
  • Planning Use Class C3
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Management

  • Type Self Managed
  • Management Rate 10%
  • Monthly Management £404

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FLOOR PLAN

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LOCATION

Vivian Road, Wellingborough, NN8 1JL, United Kingdom

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BROCHURE

Download the investment brochure
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To find out more or arrange a viewing regarding this HMO opportunity, feel free to get in touch.
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