Epic 6 Bed All Ensuite Pro HMO For Sale | Agent HMO

Epic 6 Bed All Ensuite Pro HMO

Avondale Road, Luton, LU1

REF 3541

  • INVESTMENT

    £475,000

  • GROSS YIELD

    8.08%

  • ANNUAL RENT

    £38,400

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  • INVESTMENT

    £475,000

  • GROSS YIELD

    8.08%

  • ANNUAL RENT

    £38,400

  • REF

    3541

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 £475,000
  • Gross Annual Rent £38,400
  • Gross Monthly Rent £3,200
  • Gross Yield 8.08%
  • Net Monthly Rent £2,725
  • Net Yield 6.88%
  • Min 25% Deposit Requirement £118,750
  • Monthly Mortgage Payment* £742
  • Monthly Cashflow £1,983

*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 £475,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 64D
  • Size 1420 ft²
  • Listed Building No
  • Kitchens 1
  • Reception Rooms 1
  • Double Ensuite 6
  • Ensuite Bathrooms 6
  • Property Type House
  • Double Glazing Full
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 64D
  • Size 1420 ft²
  • Listed Building No
  • Kitchens 1
  • Reception Rooms 1
  • Double Ensuite 6
  • Ensuite Bathrooms 6
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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
  • 6
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 6
  • Unit 1
  • £550
  • Let
  • Double Room / Ensuite
  • Unit 2
  • £450
  • Let
  • Double Room / Ensuite
  • Unit 3
  • £450
  • Let
  • Double Room / Ensuite
  • Unit 4
  • £600
  • Let
  • Double Room / Ensuite
  • Unit 5
  • £600
  • Let
  • Double Room / Ensuite
  • Unit 6
  • £550
  • Let
  • Double Room / Ensuite
  • Total £3200
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Costs

  • Gas
  • Water £31
  • Wifi £24
  • Electric £176
  • Cleaner £50
  • TV Licence
  • Insurance £15
  • Council Tax £179
  • Gas
  • Water £31
  • Wifi £24
  • Electric £176
  • Cleaner £50
  • TV Licence
  • Insurance £15
  • Council Tax £179
  • Total £475
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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

Avondale Road, Luton, LU1 1DJ, 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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