Super 7 Bed HMO Professional

3 Memorial Road, Salford, M28 3AQ

REF 4041

  • INVESTMENT

    £580,000

  • GROSS YIELD

    10.22%

  • ANNUAL RENT

    £59,280

AgentHMO default property
Coming Soon
  • INVESTMENT

    £580,000

  • GROSS YIELD

    10.22%

  • ANNUAL RENT

    £59,280

  • REF

    4041

DESCRIPTION

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Features

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FINANCIALS

  • Investment £580,000
  • Gross Annual Rent £59,280
  • Gross Monthly Rent £4,940
  • Gross Yield 10.22%
  • Net Monthly Rent £4,940
  • Net Yield 10.22%
  • Min 25% Deposit Requirement £145,000
  • Monthly Mortgage Payment* £1,813
  • Monthly Cashflow £3,128

*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 £580,000.

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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
  • Kitchens 1
  • Studio 4
  • 1 Bed Flat 3
  • Property Type
  • Double Glazing
  • Sub Type
  • Garage
  • Tenure
  • Garden
  • Construction
  • Parking
  • Condition
  • No Parking Spaces
  • Heating
  • EPC Rating
  • Size
  • Listed Building
  • Kitchens 1
  • Studio 4
  • 1 Bed Flat 3
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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
  • 12 Month Occupancy
  • Occupancy
  • Fully Let
  • Tenancy Type
  • No. of Tenants
  • 7
  • Tenant Type
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 7
  • Unit 1
  • £4940
  • Studio
  • Total £4940
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Costs

  • Gas
  • Water
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance
  • Council Tax
  • Gas
  • Water
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance
  • Council Tax
  • Total £0
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LICENSING

Management

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FLOOR PLAN

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LOCATION

Memorial Road, Worsley, Manchester, M28 3AQ, 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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