Super 7 Bed Ensuite Professional HMO

Glen View Road, Bromley, BR1

REF 1248

  • INVESTMENT

    £800,000

  • GROSS YIELD

    7.88%

  • ANNUAL RENT

    £63,000

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Coming Soon
  • INVESTMENT

    £800,000

  • GROSS YIELD

    7.88%

  • ANNUAL RENT

    £63,000

  • REF

    1248

DESCRIPTION

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Features

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

  • Investment £800,000
  • Gross Annual Rent £63,000
  • Gross Monthly Rent £5,250
  • Gross Yield 7.88%
  • Net Monthly Rent £4,090
  • Net Yield 6.14%
  • Min 25% Deposit Requirement £200,000
  • Monthly Mortgage Payment* £1,250
  • Monthly Cashflow £2,840

*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 £800,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Semi-Detached
  • Garage Single
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Excellent
  • No Parking Spaces 1
  • Heating Electric
  • EPC Rating
  • Size
  • Listed Building No
  • Kitchens 1
  • Double Ensuite 7
  • Property Type House
  • Double Glazing Full
  • Sub Type Semi-Detached
  • Garage Single
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Excellent
  • No Parking Spaces 1
  • Heating Electric
  • EPC Rating
  • Size
  • Listed Building No
  • Kitchens 1
  • Double Ensuite 7
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Photos

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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
  • 7
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 7
  • Unit 1
  • £750
  • Let
  • Double Room / Ensuite
  • Unit 2
  • £750
  • Let
  • Double Room / Ensuite
  • Unit 3
  • £750
  • Let
  • Double Room / Ensuite
  • Unit 4
  • £750
  • Let
  • Double Room / Ensuite
  • Unit 5
  • £750
  • Let
  • Double Room / Ensuite
  • Unit 6
  • £750
  • Let
  • Double Room / Ensuite
  • Unit 7
  • £750
  • Let
  • Double Room / Ensuite
  • Total £5250
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Costs

  • Gas £200
  • Water £200
  • Wifi £100
  • Electric £200
  • Cleaner £200
  • TV Licence £20
  • Insurance £40
  • Council Tax £200
  • Gas £200
  • Water £200
  • Wifi £100
  • Electric £200
  • Cleaner £200
  • TV Licence £20
  • Insurance £40
  • Council Tax £200
  • Total £1,160
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LICENSING

  • HMO License Required Yes
  • HMO License Required Yes
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Management

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FLOOR PLAN

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LOCATION

Glen View Road, Bromley, BR1 2QQ, United Kingdom

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BROCHURE

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