Super 16 Bed All Ensuite Professional HMO

Humphrey Street, Ince-in-Makerfield, Wigan, WN2

REF 3526

  • INVESTMENT

    £650,000

  • GROSS YIELD

    11.1%

  • ANNUAL RENT

    £72,180

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Coming Soon
  • INVESTMENT

    £650,000

  • GROSS YIELD

    11.1%

  • ANNUAL RENT

    £72,180

  • REF

    3526

DESCRIPTION

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Features

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

  • Investment £650,000
  • Gross Annual Rent £72,180
  • Gross Monthly Rent £6,015
  • Gross Yield 11.1%
  • Net Monthly Rent £5,295
  • Net Yield 9.78%
  • Min 25% Deposit Requirement £162,500
  • Monthly Mortgage Payment* £1,016
  • Monthly Cashflow £4,279

*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 £650,000.

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Property

  • Property Type Block
  • Double Glazing Full
  • Sub Type Other
  • Garage None
  • Tenure Freehold
  • Garden None
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Excellent
  • No Parking Spaces
  • Heating Electric
  • EPC Rating 39E
  • Size 3670 ft²
  • Listed Building No
  • Kitchens 2
  • Single Ensuite 2
  • Kitchenettes
  • Double Ensuite 14
  • Property Type Block
  • Double Glazing Full
  • Sub Type Other
  • Garage None
  • Tenure Freehold
  • Garden None
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Excellent
  • No Parking Spaces
  • Heating Electric
  • EPC Rating 39E
  • Size 3670 ft²
  • Listed Building No
  • Kitchens 2
  • Single Ensuite 2
  • Double Ensuite 14
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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 (AST)
  • No. of Tenants
  • 16
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 16
  • Unit 1
  • £325
  • Let
  • Single Room / Ensuite
  • Unit 2
  • £375
  • Let
  • Single Room / Ensuite
  • Unit 3
  • £400
  • Let
  • Double Room / Ensuite
  • Unit 4
  • £350
  • Let
  • Double Room / Ensuite
  • Unit 5
  • £350
  • Let
  • Double Room / Ensuite
  • Unit 6
  • £375
  • Let
  • Double Room / Ensuite
  • Unit 7
  • £375
  • Let
  • Double Room / Ensuite
  • Unit 8
  • £375
  • Let
  • Double Room / Ensuite
  • Unit 9
  • £375
  • Let
  • Single Room / Ensuite
  • Unit 10
  • £400
  • Let
  • Double Room / Ensuite
  • Unit 11
  • £410
  • Let
  • Double Room / Ensuite
  • Unit 12
  • £385
  • Let
  • Double Room / Ensuite
  • Unit 13
  • £385
  • Let
  • Double Room / Ensuite
  • Unit 14
  • £385
  • Let
  • Double Room / Ensuite
  • Unit 15
  • £385
  • Let
  • Double Room / Ensuite
  • Unit 16
  • £365
  • Let
  • Double Room / Ensuite
  • Total £6015
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Costs

  • Gas
  • Water £50
  • Wifi £30
  • Electric £300
  • Cleaner £200
  • TV Licence
  • Insurance £140
  • Council Tax
  • Gas
  • Water £50
  • Wifi £30
  • Electric £300
  • Cleaner £200
  • TV Licence
  • Insurance £140
  • Council Tax
  • Total £720
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LICENSING

  • Planning Use Class Sui Generis
  • Planning Use Class Sui Generis
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Management

  • Type Local Agent
  • Management Rate 10%
  • Monthly Management £602

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FLOOR PLAN

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LOCATION

Humphrey Street, Ince-in-Makerfield, Wigan, WN2 2HS, 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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