Super 4 Bed HMO

Sheppey Road, Dagenham, Essex, RM9

REF 1388

  • INVESTMENT

    £999,999

  • GROSS YIELD

    3.11%

  • ANNUAL RENT

    £31,080

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  • INVESTMENT

    £999,999

  • GROSS YIELD

    3.11%

  • ANNUAL RENT

    £31,080

  • REF

    1388

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 £999,999
  • Gross Annual Rent £31,080
  • Gross Monthly Rent £2,590
  • Gross Yield 3.11%
  • Net Monthly Rent £1,906
  • Net Yield 2.29%
  • Min 25% Deposit Requirement £250,000
  • Monthly Mortgage Payment* £1,563
  • Monthly Cashflow £344

*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 £999,999.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Average
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size 807 ft²
  • Listed Building No
  • Kitchens 1
  • Double 3
  • Double Ensuite 1
  • Shared Bathrooms 1
  • Seperate WCs 1
  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Average
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size 807 ft²
  • Listed Building No
  • Kitchens 1
  • Double 3
  • Double Ensuite 1
  • Shared Bathrooms 1
  • Seperate WCs 1
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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
  • Working
  • 12 Month Occupancy
  • 100
  • Occupancy
  • Fully Let
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 4
  • Tenant Type
  • Working
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 4
  • Unit 1
  • £550
  • Let
  • Double Room
  • Unit 2
  • £650
  • Let
  • Double Room
  • Unit 3
  • £625
  • Let
  • Double Room
  • Unit 4
  • £765
  • Let
  • Double Room / Ensuite
  • Total £2590
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Costs

  • Gas £208
  • Water £104
  • Wifi £55
  • Electric £155
  • Cleaner
  • TV Licence £14
  • Insurance
  • Council Tax £148
  • Gas £208
  • Water £104
  • Wifi £55
  • Electric £155
  • Cleaner
  • TV Licence £14
  • Insurance
  • Council Tax £148
  • Total £684
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LICENSING

Management

  • Type Local Agent
  • Management Rate 10%
  • Monthly Management £259

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FLOOR PLAN

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LOCATION

Sheppey Road, Dagenham, RM9 4JU, United Kingdom

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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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