Super 5 Bed Professional HMO

Layton Avenue, Mansfield, NG18

REF 3573

  • INVESTMENT

    £200,000

  • GROSS YIELD

    13.21%

  • ANNUAL RENT

    £26,424

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Coming Soon
  • INVESTMENT

    £200,000

  • GROSS YIELD

    13.21%

  • ANNUAL RENT

    £26,424

  • REF

    3573

DESCRIPTION

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Features

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

  • Investment £200,000
  • Gross Annual Rent £26,424
  • Gross Monthly Rent £2,202
  • Gross Yield 13.21%
  • Net Monthly Rent £1,561
  • Net Yield 9.37%
  • Min 25% Deposit Requirement £50,000
  • Monthly Mortgage Payment* £313
  • Monthly Cashflow £1,249

*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 £200,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage Single
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition
  • No Parking Spaces 3
  • Heating Gas Central Heating
  • EPC Rating 51E
  • Size 1722 ft²
  • Listed Building No
  • Single 1
  • Kitchens 1
  • Double 2
  • Reception Rooms 1
  • Double Ensuite 2
  • Ensuite Bathrooms 2
  • Shared Bathrooms 1
  • Seperate WCs 1
  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage Single
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition
  • No Parking Spaces 3
  • Heating Gas Central Heating
  • EPC Rating 51E
  • Size 1722 ft²
  • Listed Building No
  • Single 1
  • Kitchens 1
  • Kitchenettes 1
  • Double 2
  • Reception Rooms 1
  • Double Ensuite 2
  • Ensuite Bathrooms 2
  • 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
  • Professional
  • 12 Month Occupancy
  • 100
  • Occupancy
  • Fully Let
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 5
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 5
  • Unit 1
  • £417
  • Let
  • Double Room
  • Unit 2
  • £341
  • Let
  • Single Room
  • Unit 3
  • £380
  • Let
  • Double Room
  • Unit 4
  • £433
  • Let
  • Double Room / Ensuite
  • Unit 5
  • £631
  • Let
  • Double Room / Ensuite
  • Total £2202
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Costs

  • Gas £130
  • Water £60
  • Wifi £50
  • Electric £109
  • Cleaner £60
  • TV Licence £65
  • Insurance £50
  • Council Tax £117
  • Gas £130
  • Water £60
  • Wifi £50
  • Electric £109
  • Cleaner £60
  • TV Licence £65
  • Insurance £50
  • Council Tax £117
  • Total £641
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LICENSING

  • HMO License Required Yes
  • HMO License in Place Pending
  • HMO License Required Yes
  • HMO License in Place Pending
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Management

  • Type Self Managed

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FLOOR PLAN

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LOCATION

Mansfield, NG18 5PD, 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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