Super X Bed Pro HMO

Church Road, St Leonards-on-Sea, TN37

REF 4303

  • INVESTMENT

    £480,000

  • GROSS YIELD

    12.09%

  • ANNUAL RENT

    £58,020

AgentHMO default property
Coming Soon
  • INVESTMENT

    £480,000

  • GROSS YIELD

    12.09%

  • ANNUAL RENT

    £58,020

  • REF

    4303

DESCRIPTION

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Features

  • Fully Tenanted
  • Great Location
  • Strong Rental Demand
  • Capital Growth Potential
  • Good Transport Links
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FINANCIALS

  • Investment £480,000
  • Gross Annual Rent £58,020
  • Gross Monthly Rent £4,835
  • Gross Yield 12.09%
  • Net Monthly Rent £4,462
  • Net Yield 11.16%
  • Min 25% Deposit Requirement £120,000
  • Monthly Mortgage Payment* £1,500
  • Monthly Cashflow £2,962

*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 £480,000.

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Property

  • Property Type House
  • Double Glazing None
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking None
  • Condition Average
  • No Parking Spaces
  • Heating Electric
  • EPC Rating
  • Size 3660 ft²
  • Listed Building No
  • Property Type House
  • Double Glazing None
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking None
  • Condition Average
  • No Parking Spaces
  • Heating Electric
  • EPC Rating
  • Size 3660 ft²
  • Listed Building No
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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
  • Tenancy Type
  • No. of Tenants
  • 99
  • Tenant Type
  • Occupancy
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 99
  • Unit 1
  • £425
  • Studio
  • Unit 2
  • £525
  • 1 Bed Flat
  • Unit 3
  • £550
  • Studio
  • Unit 4
  • £405
  • Studio
  • Unit 5
  • £395
  • Studio
  • Unit 6
  • £715
  • Studio
  • Unit 7
  • £575
  • Studio
  • Unit 8
  • £395
  • Studio
  • Unit 9
  • £850
  • 1 Bed Flat
  • Total £4835
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Costs

  • Gas
  • Water £251
  • Wifi
  • Electric
  • Cleaner £52
  • TV Licence
  • Insurance £70
  • Council Tax
  • Gas
  • Water £251
  • Wifi
  • Electric
  • Cleaner £52
  • TV Licence
  • Insurance £70
  • Council Tax
  • Total £373
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LICENSING

  • HMO License Required Yes
  • HMO License Required Yes
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Management

  • Management Rate 8.5%
  • Monthly Management £411

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FLOOR PLAN

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LOCATION

Church Lane, Saint Leonards, Saint Leonards-on-sea, TN37 6EE, 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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