Super 6 Bed Pro HMO

Norfolk Rd, Southampton SO15

REF 3985

  • INVESTMENT

    £999,999

  • GROSS YIELD

    3.92%

  • ANNUAL RENT

    £39,240

AgentHMO default property
Coming Soon
  • INVESTMENT

    £999,999

  • GROSS YIELD

    3.92%

  • ANNUAL RENT

    £39,240

  • REF

    3985

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 £999,999
  • Gross Annual Rent £39,240
  • Gross Monthly Rent £3,270
  • Gross Yield 3.92%
  • Net Monthly Rent £2,655
  • Net Yield 3.19%
  • Min 25% Deposit Requirement £250,000
  • Monthly Mortgage Payment* £1,563
  • Monthly Cashflow £1,093

*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 Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Average
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size 99 ft²
  • Listed Building No
  • Kitchens 1
  • Double Ensuite 1
  • Studio 5
  • Property Type House
  • Double Glazing Full
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Average
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size 99 ft²
  • Listed Building No
  • Kitchens 1
  • Double Ensuite 1
  • Studio 5
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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
  • Fully Let
  • Tenancy Type
  • No. of Tenants
  • 6
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 6
  • Unit 1
  • £580
  • Unit 2
  • £595
  • Unit 3
  • £595
  • Unit 4
  • £600
  • Unit 5
  • £320
  • Unit 6
  • £580
  • Total £3270
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Costs

  • Gas £125
  • Water £75
  • Wifi
  • Electric £220
  • Cleaner
  • TV Licence
  • Insurance £35
  • Council Tax £160
  • Gas £125
  • Water £75
  • Wifi
  • Electric £220
  • Cleaner
  • TV Licence
  • Insurance £35
  • Council Tax £160
  • Total £615
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LICENSING

  • HMO License Required Yes
  • HMO License Required Yes
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Management

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FLOOR PLAN

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LOCATION

Norfolk Road, Southampton, SO15 5AT, 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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