Super 10 Bed HMO Professional

Main st, Halton, Runcorn, WA7

REF 1227

  • INVESTMENT

    £550,000

  • GROSS YIELD

    10.69%

  • ANNUAL RENT

    £58,800

Super 10 Bed HMO Professional For Sale
Under Offer
  • INVESTMENT

    £550,000

  • GROSS YIELD

    10.69%

  • ANNUAL RENT

    £58,800

  • REF

    1227

DESCRIPTION

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Features

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

  • Investment £550,000
  • Gross Annual Rent £58,800
  • Gross Monthly Rent £4,900
  • Gross Yield 10.69%
  • Net Monthly Rent £4,235
  • Net Yield 9.24%
  • Min 25% Deposit Requirement £137,500
  • Monthly Mortgage Payment* £1,719
  • Monthly Cashflow £2,516

*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 £550,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Leasehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Good
  • No Parking Spaces 8
  • Heating Gas Central Heating
  • EPC Rating 76C
  • Size 2712 ft²
  • Listed Building No
  • Kitchens 2
  • Reception Rooms 1
  • Double Ensuite 10
  • Ensuite Bathrooms 10
  • Property Type House
  • Double Glazing Full
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Leasehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Good
  • No Parking Spaces 8
  • Heating Gas Central Heating
  • EPC Rating 76C
  • Size 2712 ft²
  • Listed Building No
  • Kitchens 2
  • Reception Rooms 1
  • Double Ensuite 10
  • Ensuite Bathrooms 10
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Photos

Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional For Sale
Super 10 Bed HMO Professional 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 (AST)
  • No. of Tenants
  • 10
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 10
  • Unit 1
  • £490
  • Let
  • Double Room / Ensuite
  • Unit 2
  • £490
  • Let
  • Double Room / Ensuite
  • Unit 3
  • £490
  • Let
  • Double Room / Ensuite
  • Unit 4
  • £490
  • Let
  • Double Room / Ensuite
  • Unit 5
  • £490
  • Let
  • Double Room / Ensuite
  • Unit 6
  • £490
  • Let
  • Double Room / Ensuite
  • Unit 7
  • £490
  • Let
  • Double Room / Ensuite
  • Unit 8
  • £490
  • Let
  • Double Room / Ensuite
  • Unit 9
  • £490
  • Let
  • Double Room / Ensuite
  • Unit 10
  • £490
  • Let
  • Double Room / Ensuite
  • Total £4900
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Costs

  • Gas £150
  • Water £50
  • Wifi £50
  • Electric £150
  • Cleaner £50
  • TV Licence
  • Insurance £35
  • Council Tax £180
  • Gas £150
  • Water £50
  • Wifi £50
  • Electric £150
  • Cleaner £50
  • TV Licence
  • Insurance £35
  • Council Tax £180
  • Total £665
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LICENSING

  • HMO License Required Yes
  • HMO License Expiry 2022-12-14
  • HMO License in Place Yes
  • No of Persons 14
  • HMO Licensing Cost £1000
  • Units of Accomodation 10
  • Planning Use Class Sui Generis
  • HMO License Required Yes
  • HMO License Expiry 2022-12-14
  • HMO License in Place Yes
  • No of Persons 14
  • HMO Licensing Cost £1000
  • Units of Accomodation 10
  • Planning Use Class Sui Generis
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Management

  • Type Self Managed
  • Management Rate 10%
  • Monthly Management £490

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FLOOR PLAN

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LOCATION

Main Street, Runcorn, WA7 2AT, 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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