Super 7 Bed Student HMO

College Road, Bangor LL57

REF 3846

  • INVESTMENT

    £999,999

  • GROSS YIELD

    3.95%

  • ANNUAL RENT

    £39,480

AgentHMO default property
Coming Soon
  • INVESTMENT

    £999,999

  • GROSS YIELD

    3.95%

  • ANNUAL RENT

    £39,480

  • REF

    3846

DESCRIPTION

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Features

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FINANCIALS

  • Investment £999,999
  • Gross Annual Rent £39,480
  • Gross Monthly Rent £3,290
  • Gross Yield 3.95%
  • Net Monthly Rent £2,837
  • Net Yield 3.4%
  • Min 25% Deposit Requirement £250,000
  • Monthly Mortgage Payment* £1,563
  • Monthly Cashflow £1,275

*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 None
  • Tenure Freehold
  • Garden Rear
  • Construction
  • Parking Off-Road
  • Condition Excellent
  • No Parking Spaces 1
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Kitchens 1
  • Double 7
  • Reception Rooms 1
  • Shared Bathrooms 2
  • Seperate WCs 1
  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction
  • Parking Off-Road
  • Condition Excellent
  • No Parking Spaces 1
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Kitchens 1
  • Double 7
  • Reception Rooms 1
  • Shared Bathrooms 2
  • Seperate WCs 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
  • Student
  • 12 Month Occupancy
  • 100
  • Occupancy
  • Fully Let
  • Tenancy Type
  • Joint Tenancy (AST)
  • No. of Tenants
  • 7
  • Tenant Type
  • Student
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Joint Tenancy (AST)
  • No. of Tenants
  • 7
  • Unit 1
  • £470
  • Let
  • Double Room
  • Unit 2
  • £470
  • Let
  • Double Room
  • Unit 3
  • £470
  • Let
  • Double Room
  • Unit 4
  • £470
  • Let
  • Double Room
  • Unit 5
  • £470
  • Let
  • Double Room
  • Unit 6
  • £470
  • Let
  • Double Room
  • Unit 7
  • £470
  • Let
  • Double Room
  • Total £3290
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Costs

  • Gas £120
  • Water £47
  • Wifi £53
  • Electric £200
  • Cleaner
  • TV Licence
  • Insurance £33
  • Council Tax
  • Gas £120
  • Water £47
  • Wifi £53
  • Electric £200
  • Cleaner
  • TV Licence
  • Insurance £33
  • Council Tax
  • Total £453
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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

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FLOOR PLAN

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LOCATION

Bangor, LL57, 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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