Super 5 Bed Professional HMO

Newtown Road, Worcester, WR5

REF 3613

  • INVESTMENT

    £999,999

  • GROSS YIELD

    3.27%

  • ANNUAL RENT

    £32,700

AgentHMO default property
Sold
  • INVESTMENT

    £999,999

  • GROSS YIELD

    3.27%

  • ANNUAL RENT

    £32,700

  • REF

    3613

DESCRIPTION

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Features

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FINANCIALS

  • Investment £999,999
  • Gross Annual Rent £32,700
  • Gross Monthly Rent £2,725
  • Gross Yield 3.27%
  • Net Monthly Rent £1,758
  • Net Yield 2.11%
  • Min 25% Deposit Requirement £250,000
  • Monthly Mortgage Payment* £1,563
  • Monthly Cashflow £196

*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 Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden Front
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Average
  • No Parking Spaces 3
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Single 6
  • Kitchens 2
  • Double 6
  • Double Ensuite 1
  • Shared Bathrooms 1
  • 1 Bed Flat 1
  • Property Type House
  • Double Glazing Full
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden Front
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Average
  • No Parking Spaces 3
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Single 6
  • Kitchens 2
  • Double 6
  • Double Ensuite 1
  • Shared Bathrooms 1
  • 1 Bed Flat 1
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Photos

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VIRTUAL TOUR

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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
  • Fully Let
  • Tenancy Type
  • No. of Tenants
  • 5
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 5
  • Unit 1
  • £400
  • Unit 2
  • £400
  • Unit 3
  • £400
  • Unit 4
  • £450
  • Unit 5
  • £375
  • Unit 6
  • £700
  • Total £2725
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Costs

  • Gas £230
  • Water £45
  • Wifi £80
  • Electric £100
  • Cleaner £70
  • TV Licence £12
  • Insurance £300
  • Council Tax £130
  • Gas £230
  • Water £45
  • Wifi £80
  • Electric £100
  • Cleaner £70
  • TV Licence £12
  • Insurance £300
  • Council Tax £130
  • Total £967
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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

Newtown Road, Worcester, WR5 1HJ, 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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