Epic 40 Unit HMO Portfolio For Sale

DESCRIPTION

Epic 40 Unit HMO Portfolio

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

FINANCIALS

Investment £4,145,000
Gross Annual Rent £292,800
Gross Monthly Rent £24,400
Gross Yield 7.06%
Net Monthly Rent £24,350
Net Yield 7.05%

Min 25% Deposit Requirement £1,036,250
Monthly Mortgage Payment* £6,477
Monthly Cashflow £17,873

*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.

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 £4,145,000.

Property

Property Type Portfolio
Double Glazing Full
Sub Type
Garage
Tenure Freehold
Garden
Construction Brick & Tile
Parking
Condition Excellent
No Parking Spaces
Heating Gas Central Heating
EPC Rating
Size
Listed Building No

Kitchens 6
Reception Rooms 6
Double Ensuite 40
Ensuite Bathrooms 40

Property Type Portfolio
Double Glazing Full
Sub Type
Garage
Tenure Freehold
Garden
Construction Brick & Tile
Parking
Condition Excellent
No Parking Spaces
Heating Gas Central Heating
EPC Rating
Size
Listed Building No

Kitchens 6
Reception Rooms 6
Double Ensuite 40
Ensuite Bathrooms 40

Photos

VIRTUAL TOUR

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VIRTUAL TOUR NOT AVAILABLE

Use the most immersive way to experience a property online. Take a virtual tour.

VIRTUAL TOUR NOT AVAILABLE

Rental

Tenant Type
Professional
12 Month Occupancy
100

Occupancy
Fully Let
Tenancy Type
Multi Tenancy

No. of Tenants
40

Tenant Type
Professional
Occupancy
Fully Let
12 Month Occupancy
100
Tenancy Type
Multi Tenancy
No. of Tenants
40

Unit 1
£4000
Let
HMO Property

Unit 2
£4000
Let
HMO Property

Unit 3
£4000
Vacant
HMO Property

Unit 4
£4000
Vacant
HMO Property

Unit 5
£4000
Vacant
HMO Property

Unit 6
£4400
Let
HMO Property

Total £24400

Costs

Gas
Water
Wifi
Electric
Cleaner
TV Licence
Insurance £50
Council Tax

Gas
Water
Wifi
Electric
Cleaner
TV Licence
Insurance £50
Council Tax

Total £50

LICENSING

HMO License Required Yes
HMO License in Place Yes

HMO License Required Yes
HMO License in Place Yes

Management

Type Self Managed
Management Rate 10%
Monthly Management £2,440

FLOOR PLAN

LOCATION

Bristol, BS1, United Kingdom

BROCHURE

Download the investment brochure

Coming Soon. We are currently in the process of on boarding this HMO opportunity. See Ts & Cs.