Super Freehold Block of 6 Self Contained Apartments For Sale

DESCRIPTION

Features

Fully Tenanted
Fully Refurbished
Great Location
Strong Rental Demand
Capital Growth Potential
Good Transport Links
Fully Managed

FINANCIALS

Investment £438,000
Gross Annual Rent £32,460
Gross Monthly Rent £2,705
Gross Yield 7.41%
Net Monthly Rent £2,670
Net Yield 7.32%

Min 25% Deposit Requirement £109,500
Monthly Mortgage Payment* £684
Monthly Cashflow £1,986

*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 £438,000.

Property

Property Type House
Double Glazing Full
Sub Type Detached
Garage
Tenure Freehold
Garden Rear
Construction Brick & Tile
Parking None
Condition Average
No Parking Spaces
Heating Gas Central Heating
EPC Rating
Size 2056 ft²
Listed Building No

Kitchens 6
Reception Rooms 6
Ensuite Bathrooms 2
Studio 2
1 Bed Flat 3
Seperate WCs 6
2 Bed Flat 1

Property Type House
Double Glazing Full
Sub Type Detached
Garage
Tenure Freehold
Garden Rear
Construction Brick & Tile
Parking None
Condition Average
No Parking Spaces
Heating Gas Central Heating
EPC Rating
Size 2056 ft²
Listed Building No

Kitchens 6
Reception Rooms 6
Ensuite Bathrooms 2
Studio 2
1 Bed Flat 3
Seperate WCs 6
2 Bed Flat 1

Photos

Super Freehold Block of 6 Self Contained Apartments For Sale

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
LHA
12 Month Occupancy
100

Occupancy
Fully Let
Tenancy Type
Multi Tenancy (AST)

No. of Tenants
6

Tenant Type
LHA
Occupancy
Fully Let
12 Month Occupancy
100
Tenancy Type
Multi Tenancy (AST)
No. of Tenants
6

Unit 1
£475
Let
1 Bed Flat

Unit 2
£425
Let
Studio

Unit 3
£450
Let
1 Bed Flat

Unit 4
£450
Let
Studio

Unit 5
£465
Vacant
1 Bed Flat

Unit 6
£440
Let
2 Bed Flat

Total £2705

Costs

Gas
Water
Wifi
Electric
Cleaner
TV Licence
Insurance £35
Council Tax

Gas
Water
Wifi
Electric
Cleaner
TV Licence
Insurance £35
Council Tax

Total £35

LICENSING

HMO License Required No
HMO License in Place No
Planning Use Class Sui Generis

HMO License Required No
HMO License in Place No
Planning Use Class Sui Generis

Management

Type Self Managed

FLOOR PLAN

LOCATION

The Nook, Selby, YO8 4PJ, United Kingdom

BROCHURE

Download the investment brochure

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

Super Freehold Block of 6 Self Contained Apartments

Church Hill, Selby, Yorks, YO8 4PJ