Super 5 Bed Professional HMO

Iliffe Close, Reading, RG1

REF 3695

  • INVESTMENT

    £999,999

  • GROSS YIELD

    4.2%

  • ANNUAL RENT

    £42,000

AgentHMO default property
Coming Soon
  • INVESTMENT

    £999,999

  • GROSS YIELD

    4.2%

  • ANNUAL RENT

    £42,000

  • REF

    3695

DESCRIPTION

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Features

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FINANCIALS

  • Investment £999,999
  • Gross Annual Rent £42,000
  • Gross Monthly Rent £3,500
  • Gross Yield 4.2%
  • Net Monthly Rent £2,832
  • Net Yield 3.4%
  • Min 25% Deposit Requirement £250,000
  • Monthly Mortgage Payment* £1,563
  • Monthly Cashflow £1,270

*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 Mid-Terrace
  • Garage Single
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Good
  • No Parking Spaces 2
  • Heating Gas Central Heating
  • EPC Rating 76C
  • Size 1399 ft²
  • Listed Building No
  • Kitchens 1
  • Double 3
  • Reception Rooms 1
  • Double Ensuite 2
  • Ensuite Bathrooms 2
  • Shared Bathrooms 1
  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage Single
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Good
  • No Parking Spaces 2
  • Heating Gas Central Heating
  • EPC Rating 76C
  • Size 1399 ft²
  • Listed Building No
  • Kitchens 1
  • Double 3
  • Reception Rooms 1
  • Double Ensuite 2
  • Ensuite Bathrooms 2
  • Shared Bathrooms 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
  • No. of Tenants
  • 5
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 5
  • Unit 1
  • £800
  • Let
  • Double Room / Ensuite
  • Unit 2
  • £750
  • Let
  • Double Room / Ensuite
  • Unit 3
  • £725
  • Let
  • Double Room
  • Unit 4
  • £575
  • Let
  • Double Room
  • Unit 5
  • £650
  • Let
  • Double Room
  • Total £3500
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Costs

  • Gas £72
  • Water £91
  • Wifi £45
  • Electric £78
  • Cleaner £152
  • TV Licence £13
  • Insurance £35
  • Council Tax £182
  • Gas £72
  • Water £91
  • Wifi £45
  • Electric £78
  • Cleaner £152
  • TV Licence £13
  • Insurance £35
  • Council Tax £182
  • Total £668
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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

Iliffe Close, Reading, RG1 2QE, 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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