Super 11 Bed Professional HMO

Willowfield Rd, Eastbourne BN22

REF 3704

  • INVESTMENT

    £1,000,000

  • GROSS YIELD

    8.41%

  • ANNUAL RENT

    £84,084

Super 11 Bed Professional HMO For Sale
For Sale
  • INVESTMENT

    £1,000,000

  • GROSS YIELD

    8.41%

  • ANNUAL RENT

    £84,084

  • REF

    3704

DESCRIPTION

.

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Features

  • Fully Tenanted
  • Fully Refurbished
  • Great Location
  • Strong Rental Demand
  • Capital Growth Potential
  • Good Transport Links
  • Fully Managed
  • Wifi Enabled Heating
  • Wireless Broadband
  • Shared Kitchen Dining Area
  • HMO Compliant Fire Alarm
  • Guaranteed Rent
  • Company Let
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FINANCIALS

  • Investment £1,000,000
  • Gross Annual Rent £84,084
  • Gross Monthly Rent £7,007
  • Gross Yield 8.41%
  • Net Monthly Rent £6,288
  • Net Yield 7.55%
  • Min 25% Deposit Requirement £250,000
  • Monthly Mortgage Payment* £1,563
  • Monthly Cashflow £4,726

*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 £1,000,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type End of Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Excellent
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 65D
  • Size 2120 ft²
  • Listed Building No
  • Kitchens 2
  • Single Ensuite 6
  • Kitchenettes
  • Double Ensuite 5
  • Ensuite Bathrooms 11
  • Property Type House
  • Double Glazing Full
  • Sub Type End of Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Excellent
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 65D
  • Size 2120 ft²
  • Listed Building No
  • Kitchens 2
  • Single Ensuite 6
  • Double Ensuite 5
  • Ensuite Bathrooms 11
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Photos

Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed Professional HMO For Sale
Super 11 Bed 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
  • Company Let
  • 12 Month Occupancy
  • 100
  • Occupancy
  • Fully Let
  • Tenancy Type
  • Single Tenancy (AST)
  • No. of Tenants
  • 11
  • Tenant Type
  • Company Let
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Single Tenancy (AST)
  • No. of Tenants
  • 11
  • Unit 1
  • £637
  • Let
  • Double Room / Ensuite
  • Unit 2
  • £637
  • Let
  • Double Room / Ensuite
  • Unit 3
  • £637
  • Let
  • Double Room / Ensuite
  • Unit 4
  • £637
  • Let
  • Double Room / Ensuite
  • Unit 5
  • £637
  • Let
  • Double Room / Ensuite
  • Unit 6
  • £637
  • Let
  • Single Room / Ensuite
  • Unit 7
  • £637
  • Let
  • Single Room / Ensuite
  • Unit 8
  • £637
  • Let
  • Single Room / Ensuite
  • Unit 9
  • £637
  • Let
  • Double Room / Ensuite
  • Unit 10
  • £637
  • Let
  • Single Room / Ensuite
  • Unit 11
  • £637
  • Let
  • Single Room / Ensuite
  • Total £7007
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Costs

  • Gas £50
  • Water £120
  • Wifi £66
  • Electric £150
  • Cleaner £120
  • TV Licence £13
  • Insurance £50
  • Council Tax £150
  • Gas £50
  • Water £120
  • Wifi £66
  • Electric £150
  • Cleaner £120
  • TV Licence £13
  • Insurance £50
  • Council Tax £150
  • Total £719
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LICENSING

  • HMO License Required Yes
  • HMO License Expiry 2027-09-06
  • HMO License in Place Yes
  • No of Persons 12
  • HMO Licensing Cost £1000
  • Units of Accomodation 11
  • Licensing Authority Eastbourne Council
  • Planning Use Class Sui Generis
  • HMO License Required Yes
  • HMO License Expiry 2027-09-06
  • HMO License in Place Yes
  • No of Persons 12
  • HMO Licensing Cost £1000
  • Units of Accomodation 11
  • Licensing Authority Eastbourne Council
  • Planning Use Class Sui Generis
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Management

  • Type Self Managed

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FLOOR PLAN

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LOCATION

Willowfield Road, Eastbourne, BN22 8AL, United Kingdom

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BROCHURE

Download the investment brochure
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To find out more or arrange a viewing regarding this HMO opportunity, feel free to get in touch.
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