Newly Refurbished Block of 6, 1 & 2 Bed Apartments

Vivian Road, Wellingborough NN8

REF 1226

  • INVESTMENT

    £900,000

  • GROSS YIELD

    5.39%

  • ANNUAL RENT

    £48,480

Newly Refurbished 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

Back to menu

Features

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

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* £2,813
  • Monthly Cashflow £1,228

*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 £900,000.

Back to menu

Property

  • Property Type 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
  • Ensuite Bathrooms 4
  • Shared Bathrooms 6
  • 1 Bed Flat 2
  • 2 Bed Flat 4
  • Property Type 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
  • Ensuite Bathrooms 4
  • Shared Bathrooms 6
  • 1 Bed Flat 2
  • 2 Bed Flat 4
Back to menu

Photos

Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
Newly Refurbished Block of 6, 1 & 2 Bed Apartments For Sale
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
  • Fully Let
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 6
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 6
  • Unit 1
  • £600
  • Let
  • 1 Bed Flat
  • Unit 2
  • £695
  • Let
  • 1 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
Back to menu

Costs

  • Gas
  • Water
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance
  • Council Tax
  • Gas
  • Water
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance
  • Council Tax
  • Total £0
Back to menu

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
Back to menu

Management

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

Back to menu

FLOOR PLAN

Back to menu

LOCATION

Vivian Road, Wellingborough, NN8 1JL, United Kingdom

Back to menu

BROCHURE

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