Super 4 Bed All Ensuite Professional HMO

Shay Lane, Halifax, HX2

REF 3562

  • INVESTMENT

    £185,000

  • GROSS YIELD

    10.35%

  • ANNUAL RENT

    £19,140

Super 4 Bed All Ensuite Professional HMO For Sale
Sold
  • INVESTMENT

    £185,000

  • GROSS YIELD

    10.35%

  • ANNUAL RENT

    £19,140

  • REF

    3562

DESCRIPTION

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Features

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

  • Investment £185,000
  • Gross Annual Rent £19,140
  • Gross Monthly Rent £1,595
  • Gross Yield 10.35%
  • Net Monthly Rent £1,116
  • Net Yield 7.24%
  • Min 25% Deposit Requirement £46,250
  • Monthly Mortgage Payment* £289
  • Monthly Cashflow £827

*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 £185,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Stone
  • Parking On-Road
  • Condition Good
  • No Parking Spaces 4
  • Heating Gas Central Heating
  • EPC Rating 49E
  • Size 1270 ft²
  • Listed Building No
  • Kitchens 1
  • Single Ensuite 1
  • Kitchenettes
  • Reception Rooms 1
  • Double Ensuite 3
  • Ensuite Bathrooms 4
  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Stone
  • Parking On-Road
  • Condition Good
  • No Parking Spaces 4
  • Heating Gas Central Heating
  • EPC Rating 49E
  • Size 1270 ft²
  • Listed Building No
  • Kitchens 1
  • Single Ensuite 1
  • Reception Rooms 1
  • Double Ensuite 3
  • Ensuite Bathrooms 4
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Photos

Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
Super 4 Bed All Ensuite Professional HMO For Sale
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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
  • 4
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 4
  • Unit 1
  • £430
  • Let
  • Double Room / Ensuite
  • Unit 2
  • £365
  • Let
  • Single Room / Ensuite
  • Unit 3
  • £385
  • Let
  • Double Room / Ensuite
  • Unit 4
  • £415
  • Let
  • Double Room / Ensuite
  • Total £1595
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Costs

  • Gas £100
  • Water £40
  • Wifi £33
  • Electric £120
  • Cleaner £40
  • TV Licence £13
  • Insurance £25
  • Council Tax £108
  • Gas £100
  • Water £40
  • Wifi £33
  • Electric £120
  • Cleaner £40
  • TV Licence £13
  • Insurance £25
  • Council Tax £108
  • Total £479
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LICENSING

  • HMO License Required No
  • HMO License Required No
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Management

  • Type Online Agent
  • Management Rate 8%
  • Monthly Management £128

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FLOOR PLAN

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LOCATION

Shay Lane, Halifax, HX2 9AD, United Kingdom

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BROCHURE

Download the investment brochure
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This property is now Sold. For more like it you can leave your details and we will be in touch to discuss.
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