Super 5 Bed Student HMO

Holly Grove Hubert Rd, Birmingham B29

REF 4127

  • INVESTMENT

    £485,000

  • GROSS YIELD

    6.24%

  • ANNUAL RENT

    £30,240

AgentHMO default property
Coming Soon
  • INVESTMENT

    £485,000

  • GROSS YIELD

    6.24%

  • ANNUAL RENT

    £30,240

  • REF

    4127

DESCRIPTION

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Features

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FINANCIALS

  • Investment £485,000
  • Gross Annual Rent £30,240
  • Gross Monthly Rent £2,520
  • Gross Yield 6.24%
  • Net Monthly Rent £2,480
  • Net Yield 6.14%
  • Min 25% Deposit Requirement £121,250
  • Monthly Mortgage Payment* £758
  • Monthly Cashflow £1,722

*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 £485,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking None
  • Condition Excellent
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 75C
  • Size
  • Listed Building No
  • Kitchens 1
  • Double 5
  • Reception Rooms 1
  • Shared Bathrooms 3
  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking None
  • Condition Excellent
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 75C
  • Size
  • Listed Building No
  • Kitchens 1
  • Double 5
  • Reception Rooms 1
  • Shared Bathrooms 3
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Photos

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VIRTUAL TOUR

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Rental

  • Tenant Type
  • Student
  • 12 Month Occupancy
  • Occupancy
  • Tenancy Type
  • Joint Tenancy (AST)
  • No. of Tenants
  • 5
  • Tenant Type
  • Student
  • Occupancy
  • 12 Month Occupancy
  • Tenancy Type
  • Joint Tenancy (AST)
  • No. of Tenants
  • 5
  • Unit 1
  • £504
  • Double Room
  • Unit 2
  • £504
  • Unit 3
  • £504
  • Unit 4
  • £504
  • Unit 5
  • £504
  • Total £2520
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Costs

  • Gas
  • Water
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance £40
  • Council Tax
  • Gas
  • Water
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance £40
  • Council Tax
  • Total £40
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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

  • Type Local Agent
  • Management Rate 9%
  • Monthly Management £227

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FLOOR PLAN

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LOCATION

Hubert Road, Birmingham, B29 6EQ, 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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