Super 6 Bed Professional HMO

Edgehill Road BIRMINGHAM B31

REF 3518

  • INVESTMENT

    £999,999

  • GROSS YIELD

    3.06%

  • ANNUAL RENT

    £30,600

AgentHMO default property
Coming Soon
  • INVESTMENT

    £999,999

  • GROSS YIELD

    3.06%

  • ANNUAL RENT

    £30,600

  • REF

    3518

DESCRIPTION

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Features

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FINANCIALS

  • Investment £999,999
  • Gross Annual Rent £30,600
  • Gross Monthly Rent £2,550
  • Gross Yield 3.06%
  • Net Monthly Rent £2,293
  • Net Yield 2.75%
  • Min 25% Deposit Requirement £250,000
  • Monthly Mortgage Payment* £1,563
  • Monthly Cashflow £731

*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 None
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Single 2
  • Single Ensuite 1
  • Kitchenettes
  • Double Ensuite 3
  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking None
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Single 2
  • Single Ensuite 1
  • Double Ensuite 3
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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
  • Occupancy
  • Tenancy Type
  • No. of Tenants
  • 6
  • Tenant Type
  • Professional
  • Occupancy
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 6
  • Unit 1
  • £400
  • Unit 2
  • £400
  • Unit 3
  • £450
  • Unit 4
  • £450
  • Unit 5
  • £450
  • Unit 6
  • £400
  • Total £2550
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Costs

  • Gas £257
  • Water
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance
  • Council Tax
  • Gas £257
  • Water
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance
  • Council Tax
  • Total £257
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LICENSING

Management

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FLOOR PLAN

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LOCATION

Edgehill Road, Birmingham, B31 3RX, 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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