Super 6 Bed Pro HMO

Torridon Road SE6

REF 3836

  • INVESTMENT

    £900,000

  • GROSS YIELD

    9.2%

  • ANNUAL RENT

    £82,800

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  • INVESTMENT

    £900,000

  • GROSS YIELD

    9.2%

  • ANNUAL RENT

    £82,800

  • REF

    3836

DESCRIPTION

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Features

  • Fully Refurbished
  • Great Location
  • Strong Rental Demand
  • Capital Growth Potential
  • Good Transport Links
  • Wireless Broadband
  • Shared Kitchen Dining Area
  • HMO Compliant Fire Alarm
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FINANCIALS

  • Investment £900,000
  • Gross Annual Rent £82,800
  • Gross Monthly Rent £6,900
  • Gross Yield 9.2%
  • Net Monthly Rent £5,987
  • Net Yield 7.98%
  • Min 25% Deposit Requirement £225,000
  • Monthly Mortgage Payment* £2,813
  • Monthly Cashflow £3,175

*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 £900,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type End of Terrace
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking None
  • Condition Excellent
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 43E
  • Size 1463 ft²
  • Listed Building No
  • Double Ensuite 5
  • Studio 1
  • Property Type House
  • Double Glazing Full
  • Sub Type End of Terrace
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking None
  • Condition Excellent
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 43E
  • Size 1463 ft²
  • Listed Building No
  • Double Ensuite 5
  • Studio 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
  • Occupancy
  • Vacant
  • Tenancy Type
  • No. of Tenants
  • 6
  • Tenant Type
  • Professional
  • Occupancy
  • Vacant
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 6
  • Unit 1
  • £1150
  • Vacant
  • Double Room / Ensuite
  • Unit 2
  • £1150
  • Vacant
  • Double Room / Ensuite
  • Unit 3
  • £1150
  • Vacant
  • Double Room / Ensuite
  • Unit 4
  • £1150
  • Vacant
  • Double Room / Ensuite
  • Unit 5
  • £1150
  • Vacant
  • Double Room / Ensuite
  • Unit 6
  • £1150
  • Vacant
  • Double Room / Ensuite
  • Total £6900
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Costs

  • Gas £200
  • Water £100
  • Wifi £50
  • Electric £200
  • Cleaner £100
  • TV Licence £13
  • Insurance £50
  • Council Tax £200
  • Gas £200
  • Water £100
  • Wifi £50
  • Electric £200
  • Cleaner £100
  • TV Licence £13
  • Insurance £50
  • Council Tax £200
  • Total £913
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LICENSING

  • HMO License Required Yes
  • HMO License in Place Pending
  • No of Persons 6
  • HMO Licensing Cost £1000
  • Units of Accomodation 6
  • Licensing Authority Lewisham Borough Council
  • Planning Use Class C4
  • HMO License Required Yes
  • HMO License in Place Pending
  • No of Persons 6
  • HMO Licensing Cost £1000
  • Units of Accomodation 6
  • Licensing Authority Lewisham Borough Council
  • Planning Use Class C4
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Management

  • Management Rate 10%
  • Monthly Management £690

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FLOOR PLAN

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LOCATION

Torridon Road, London, SE6 1RA, 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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