Super 10 Bed Professional HMO

Frairn Street, Bridgwater, TA6

REF 3931

  • INVESTMENT

    £600,000

  • GROSS YIELD

    12.05%

  • ANNUAL RENT

    £72,300

Super 10 Bed Professional HMO For Sale
Under Offer
  • INVESTMENT

    £600,000

  • GROSS YIELD

    12.05%

  • ANNUAL RENT

    £72,300

  • REF

    3931

DESCRIPTION

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Features

  • Fully Tenanted
  • 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 £600,000
  • Gross Annual Rent £72,300
  • Gross Monthly Rent £6,025
  • Gross Yield 12.05%
  • Net Monthly Rent £4,944
  • Net Yield 9.89%
  • Min 25% Deposit Requirement £150,000
  • Monthly Mortgage Payment* £1,875
  • Monthly Cashflow £3,069

*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 £600,000.

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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 None
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Kitchens 1
  • Double 5
  • Reception Rooms 1
  • Double Ensuite 5
  • Ensuite Bathrooms 5
  • Shared Bathrooms 3
  • Seperate WCs 1
  • Property Type House
  • Double Glazing Full
  • Sub Type End of Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking None
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Kitchens 1
  • Double 5
  • Reception Rooms 1
  • Double Ensuite 5
  • Ensuite Bathrooms 5
  • Shared Bathrooms 3
  • Seperate WCs 1
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Photos

Super 10 Bed Professional HMO For Sale
Super 10 Bed Professional HMO For Sale
Super 10 Bed Professional HMO For Sale
Super 10 Bed Professional HMO For Sale
Super 10 Bed Professional HMO For Sale
Super 10 Bed Professional HMO For Sale
Super 10 Bed Professional HMO For Sale
Super 10 Bed Professional HMO For Sale
Super 10 Bed Professional HMO For Sale
Super 10 Bed Professional HMO For Sale
Super 10 Bed Professional HMO For Sale
Super 10 Bed Professional HMO For Sale
Super 10 Bed Professional HMO For Sale
Super 10 Bed Professional HMO For Sale
Super 10 Bed Professional HMO For Sale
Super 10 Bed Professional HMO For Sale
Super 10 Bed Professional HMO For Sale
Super 10 Bed Professional HMO For Sale
Super 10 Bed Professional HMO For Sale
Super 10 Bed Professional HMO For Sale
Super 10 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
  • Professional
  • 12 Month Occupancy
  • Occupancy
  • Fully Let
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 10
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 10
  • Unit 1
  • £650
  • Let
  • Double Room / Ensuite
  • Unit 2
  • £550
  • Let
  • Double Room
  • Unit 3
  • £550
  • Let
  • Double Room
  • Unit 4
  • £550
  • Let
  • Double Room
  • Unit 5
  • £650
  • Let
  • Double Room / Ensuite
  • Unit 6
  • £650
  • Let
  • Double Room / Ensuite
  • Unit 7
  • £675
  • Let
  • Double Room / Ensuite
  • Unit 8
  • £550
  • Let
  • Double Room
  • Unit 9
  • £550
  • Let
  • Double Room
  • Unit 10
  • £650
  • Let
  • Double Room / Ensuite
  • Total £6025
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Costs

  • Gas £290
  • Water £140
  • Wifi £47
  • Electric £120
  • Cleaner £80
  • TV Licence £14
  • Insurance £100
  • Council Tax £290
  • Gas £290
  • Water £140
  • Wifi £47
  • Electric £120
  • Cleaner £80
  • TV Licence £14
  • Insurance £100
  • Council Tax £290
  • Total £1,081
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LICENSING

Management

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FLOOR PLAN

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LOCATION

Friarn Street, Bridgwater, TA6 3LH, United Kingdom

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BROCHURE

Download the investment brochure
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This property is currently under offer, but make sure you leave your details incase anything changes.
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