Super 5 Bed Pro HMO

Bowes Drive, Cannock, Staffordshire WS11

REF 4049

  • INVESTMENT

    £999,999

  • GROSS YIELD

    2.48%

  • ANNUAL RENT

    £24,792

AgentHMO default property
Coming Soon
  • INVESTMENT

    £999,999

  • GROSS YIELD

    2.48%

  • ANNUAL RENT

    £24,792

  • REF

    4049

DESCRIPTION

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Features

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FINANCIALS

  • Investment £999,999
  • Gross Annual Rent £24,792
  • Gross Monthly Rent £2,066
  • Gross Yield 2.48%
  • Net Monthly Rent £1,526
  • Net Yield 1.83%
  • Min 25% Deposit Requirement £250,000
  • Monthly Mortgage Payment* £3,125
  • Monthly Cashflow £-1,599

*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
  • Condition Good
  • No Parking Spaces 3
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Kitchens 1
  • Reception Rooms 1
  • Shared Bathrooms 2
  • Property Type House
  • Double Glazing Full
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking
  • Condition Good
  • No Parking Spaces 3
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Kitchens 1
  • Reception Rooms 1
  • Shared Bathrooms 2
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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
  • Tenancy Type
  • No. of Tenants
  • 5
  • Tenant Type
  • Professional
  • Occupancy
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 5
  • Unit 1
  • £433
  • Unit 2
  • £433
  • Unit 3
  • £400
  • Unit 4
  • £400
  • Unit 5
  • £400
  • Total £2066
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Costs

  • Gas £150
  • Water £50
  • Wifi £30
  • Electric £150
  • Cleaner
  • TV Licence £15
  • Insurance £30
  • Council Tax £115
  • Gas £150
  • Water £50
  • Wifi £30
  • Electric £150
  • Cleaner
  • TV Licence £15
  • Insurance £30
  • Council Tax £115
  • Total £540
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LICENSING

Management

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FLOOR PLAN

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LOCATION

Bowes Drive, Cannock, WS11 5JH, 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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