9 x Professional HMO Property Portfolio

Goole, Selby

REF 3784

  • INVESTMENT

    £2,625,000

  • GROSS YIELD

    12.09%

  • ANNUAL RENT

    £317,472

AgentHMO default property
For Sale
  • INVESTMENT

    £2,625,000

  • GROSS YIELD

    12.09%

  • ANNUAL RENT

    £317,472

  • REF

    3784

DESCRIPTION

Incredible professionally run HMO portfolio in North Yorkshire

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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
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FINANCIALS

  • Investment £2,625,000
  • Gross Annual Rent £317,472
  • Gross Monthly Rent £26,456
  • Gross Yield 12.09%
  • Net Monthly Rent £21,506
  • Net Yield 9.83%
  • Min 25% Deposit Requirement £656,250
  • Monthly Mortgage Payment* £4,102
  • Monthly Cashflow £17,404

*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 £2,625,000.

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Property

  • Property Type
  • Double Glazing
  • Sub Type
  • Garage
  • Tenure
  • Garden
  • Construction
  • Parking
  • Condition
  • No Parking Spaces
  • Heating
  • EPC Rating
  • Size
  • Listed Building
  • Property Type
  • Double Glazing
  • Sub Type
  • Garage
  • Tenure
  • Garden
  • Construction
  • Parking
  • Condition
  • No Parking Spaces
  • Heating
  • EPC Rating
  • Size
  • Listed Building
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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
  • 99
  • Occupancy
  • Fully Let
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 9
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 99
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 9
  • Unit 1
  • £3250
  • Let
  • HMO Property
  • Unit 2
  • £2665
  • Let
  • HMO Property
  • Unit 3
  • £3315
  • Let
  • HMO Property
  • Unit 4
  • £3207
  • Let
  • HMO Property
  • Unit 5
  • £2947
  • Let
  • HMO Property
  • Unit 6
  • £2862
  • Let
  • HMO Property
  • Unit 7
  • £2860
  • Let
  • HMO Property
  • Unit 8
  • £2598
  • Let
  • HMO Property
  • Unit 9
  • £2752
  • Let
  • HMO Property
  • Total £26456
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Costs

  • Gas £900
  • Water £450
  • Wifi £450
  • Electric £900
  • Cleaner £900
  • TV Licence
  • Insurance £450
  • Council Tax £900
  • Gas £900
  • Water £450
  • Wifi £450
  • Electric £900
  • Cleaner £900
  • TV Licence
  • Insurance £450
  • Council Tax £900
  • Total £4,950
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LICENSING

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

  • Type Local Agent
  • Management Rate 10%
  • Monthly Management £2,646

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FLOOR PLAN

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LOCATION

Selby, YO8, 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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