Super Freehold Block of 7 Flats

Cathles Road, London, SW12

REF 1245

  • INVESTMENT

    £2,000,000

  • GROSS YIELD

    4.52%

  • ANNUAL RENT

    £90,360

AgentHMO default property
Sold
  • INVESTMENT

    £2,000,000

  • GROSS YIELD

    4.52%

  • ANNUAL RENT

    £90,360

  • REF

    1245

DESCRIPTION

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Features

  • Fully Tenanted
  • Fully Refurbished
  • Great Location
  • Strong Rental Demand
  • Capital Growth Potential
  • Good Transport Links
  • HMO Compliant Fire Alarm
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FINANCIALS

  • Investment £2,000,000
  • Gross Annual Rent £90,360
  • Gross Monthly Rent £7,530
  • Gross Yield 4.52%
  • Net Monthly Rent £7,349
  • Net Yield 4.41%
  • Min 25% Deposit Requirement £500,000
  • Monthly Mortgage Payment* £3,125
  • Monthly Cashflow £4,224

*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 £2,000,000.

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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 On-Road
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size 1636 ft²
  • Listed Building No
  • Studio 4
  • 1 Bed Flat 2
  • 2 Bed Flat 1
  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size 1636 ft²
  • Listed Building No
  • Studio 4
  • 1 Bed Flat 2
  • 2 Bed Flat 1
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Photos

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VIRTUAL TOUR

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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
  • 7
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 7
  • Unit 1
  • £950
  • Let
  • Studio
  • Unit 2
  • £880
  • Let
  • Studio
  • Unit 3
  • £1350
  • Let
  • 1 Bed Flat
  • Unit 4
  • £1150
  • Let
  • 1 Bed Flat
  • Unit 5
  • £1000
  • Let
  • Studio
  • Unit 6
  • £800
  • Let
  • Studio
  • Unit 7
  • £1400
  • Let
  • 2 Bed Flat
  • Total £7530
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Costs

  • Gas
  • Water
  • Wifi
  • Electric £30
  • Cleaner £48
  • TV Licence
  • Insurance £103
  • Council Tax
  • Gas
  • Water
  • Wifi
  • Electric £30
  • Cleaner £48
  • TV Licence
  • Insurance £103
  • Council Tax
  • Total £181
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LICENSING

  • HMO License Required Yes
  • HMO License in Place Yes
  • Planning Use Class Sui Generis
  • HMO License Required Yes
  • HMO License in Place Yes
  • Planning Use Class Sui Generis
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Management

  • Type Self Managed

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FLOOR PLAN

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LOCATION

Cathles Road, London, SW12 9LD, United Kingdom

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BROCHURE

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This property is now Sold. For more like it you can leave your details and we will be in touch to discuss.
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