Super 7 Bed All Ensuite Pro HMO

Omerod Road, Burnley, BB11

REF 3756

  • INVESTMENT

    £999,999

  • GROSS YIELD

    3.53%

  • ANNUAL RENT

    £35,340

AgentHMO default property
Coming Soon
  • INVESTMENT

    £999,999

  • GROSS YIELD

    3.53%

  • ANNUAL RENT

    £35,340

  • REF

    3756

DESCRIPTION

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Features

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FINANCIALS

  • Investment £999,999
  • Gross Annual Rent £35,340
  • Gross Monthly Rent £2,945
  • Gross Yield 3.53%
  • Net Monthly Rent £2,172
  • Net Yield 2.61%
  • Min 25% Deposit Requirement £250,000
  • Monthly Mortgage Payment* £1,563
  • Monthly Cashflow £610

*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 End of Terrace
  • Garage None
  • Tenure Leasehold
  • Garden Front & Rear
  • Construction Stone
  • Parking Off-Road
  • Condition Average
  • No Parking Spaces 4
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Kitchens 1
  • Single Ensuite 2
  • Kitchenettes
  • Reception Rooms 1
  • Double Ensuite 5
  • Seperate WCs 2
  • Property Type House
  • Double Glazing Full
  • Sub Type End of Terrace
  • Garage None
  • Tenure Leasehold
  • Garden Front & Rear
  • Construction Stone
  • Parking Off-Road
  • Condition Average
  • No Parking Spaces 4
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Kitchens 1
  • Single Ensuite 2
  • Reception Rooms 1
  • Double Ensuite 5
  • Seperate WCs 2
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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
  • Tenancy Type
  • No. of Tenants
  • 7
  • Tenant Type
  • Professional
  • Occupancy
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 7
  • Unit 1
  • £433
  • Unit 2
  • £433
  • Unit 3
  • £433
  • Unit 4
  • £390
  • Unit 5
  • £433
  • Unit 6
  • £433
  • Unit 7
  • £390
  • Total £2945
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Costs

  • Gas £200
  • Water
  • Wifi £38
  • Electric £250
  • Cleaner £100
  • TV Licence
  • Insurance £35
  • Council Tax £150
  • Gas £200
  • Water
  • Wifi £38
  • Electric £250
  • Cleaner £100
  • TV Licence
  • Insurance £35
  • Council Tax £150
  • Total £773
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LICENSING

Management

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FLOOR PLAN

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LOCATION

Ormerod Road, Burnley, BB11 2RU, United Kingdom

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BROCHURE

Download the investment 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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