Super 10 Bed Pro HMO

Edith Road, Clacton-on-Sea, Essex, CO15

REF 4203

  • INVESTMENT

    £999,999

  • GROSS YIELD

    6.39%

  • ANNUAL RENT

    £63,900

AgentHMO default property
Sold
  • INVESTMENT

    £999,999

  • GROSS YIELD

    6.39%

  • ANNUAL RENT

    £63,900

  • REF

    4203

DESCRIPTION

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Features

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FINANCIALS

  • Investment £999,999
  • Gross Annual Rent £63,900
  • Gross Monthly Rent £5,325
  • Gross Yield 6.39%
  • Net Monthly Rent £4,560
  • Net Yield 5.47%
  • Min 25% Deposit Requirement £250,000
  • Monthly Mortgage Payment* £3,125
  • Monthly Cashflow £1,435

*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 Single
  • Tenure Freehold
  • Garden
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Good
  • No Parking Spaces 5
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Reception Rooms 1
  • Ensuite Bathrooms 3
  • Shared Bathrooms 3
  • Seperate WCs 3
  • Property Type House
  • Double Glazing Full
  • Sub Type Semi-Detached
  • Garage Single
  • Tenure Freehold
  • Garden
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Good
  • No Parking Spaces 5
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Reception Rooms 1
  • Ensuite Bathrooms 3
  • Shared Bathrooms 3
  • Seperate WCs 3
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Photos

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VIRTUAL TOUR

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Use the most immersive way to experience a property online. Take a virtual tour.

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Rental

  • Tenant Type
  • LHA
  • 12 Month Occupancy
  • Occupancy
  • Tenancy Type
  • No. of Tenants
  • 10
  • Tenant Type
  • LHA
  • Occupancy
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 10
  • Unit 1
  • £650
  • Unit 2
  • £650
  • Unit 3
  • £525
  • Unit 4
  • £525
  • Unit 5
  • £525
  • Unit 6
  • £525
  • Unit 7
  • £525
  • Unit 8
  • £550
  • Unit 9
  • £850
  • Total £5325
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Costs

  • Gas £100
  • Water £80
  • Wifi
  • Electric £250
  • Cleaner £150
  • TV Licence
  • Insurance £50
  • Council Tax £135
  • Gas £100
  • Water £80
  • Wifi
  • Electric £250
  • Cleaner £150
  • TV Licence
  • Insurance £50
  • Council Tax £135
  • Total £765
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LICENSING

Management

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FLOOR PLAN

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LOCATION

Edith Road, Clacton-on-Sea, CO15 1JU, United Kingdom

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BROCHURE

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This property is now Sold. For more like it you can leave your details and we will be in touch to discuss.
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