Super 13 Bed HMO

St Peter's Rd, Great Yarmouth NR30

REF 4337

  • INVESTMENT

    £475,000

  • GROSS YIELD

    14.22%

  • ANNUAL RENT

    £67,548

AgentHMO default property
Coming Soon
  • INVESTMENT

    £475,000

  • GROSS YIELD

    14.22%

  • ANNUAL RENT

    £67,548

  • REF

    4337

DESCRIPTION

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Features

  • Fully Tenanted
  • Great Location
  • Strong Rental Demand
  • Capital Growth Potential
  • Good Transport Links
  • Wireless Broadband
  • Shared Kitchen Dining Area
  • HMO Compliant Fire Alarm
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FINANCIALS

  • Investment £475,000
  • Gross Annual Rent £67,548
  • Gross Monthly Rent £5,629
  • Gross Yield 14.22%
  • Net Monthly Rent £4,418
  • Net Yield 11.16%
  • Min 25% Deposit Requirement £118,750
  • Monthly Mortgage Payment* £1,484
  • Monthly Cashflow £2,934

*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 £475,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type End of Terrace
  • Garage None
  • Tenure Freehold
  • Garden None
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Average
  • No Parking Spaces 2
  • Heating Gas Central Heating
  • EPC Rating 69C
  • Size 2895 ft²
  • Listed Building No
  • Kitchens 3
  • Double 13
  • Shared Bathrooms 3
  • Seperate WCs 4
  • Property Type House
  • Double Glazing Full
  • Sub Type End of Terrace
  • Garage None
  • Tenure Freehold
  • Garden None
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Average
  • No Parking Spaces 2
  • Heating Gas Central Heating
  • EPC Rating 69C
  • Size 2895 ft²
  • Listed Building No
  • Kitchens 3
  • Double 13
  • Shared Bathrooms 3
  • Seperate WCs 4
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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
  • Working
  • 12 Month Occupancy
  • 100
  • Occupancy
  • Fully Let
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 13
  • Tenant Type
  • Working
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 13
  • Unit 1
  • £433
  • Let
  • Double Room
  • Unit 2
  • £433
  • Let
  • Double Room
  • Unit 3
  • £433
  • Let
  • Double Room
  • Unit 4
  • £433
  • Let
  • Double Room
  • Unit 5
  • £433
  • Let
  • Double Room
  • Unit 6
  • £433
  • Let
  • Double Room
  • Unit 7
  • £433
  • Let
  • Double Room
  • Unit 8
  • £433
  • Let
  • Double Room
  • Unit 9
  • £433
  • Let
  • Double Room
  • Unit 10
  • £433
  • Let
  • Double Room
  • Unit 11
  • £433
  • Let
  • Double Room
  • Unit 12
  • £433
  • Let
  • Double Room
  • Unit 13
  • £433
  • Let
  • Double Room
  • Total £5629
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Costs

  • Gas £300
  • Water £184
  • Wifi £58
  • Electric £350
  • Cleaner
  • TV Licence £13
  • Insurance £125
  • Council Tax £181
  • Gas £300
  • Water £184
  • Wifi £58
  • Electric £350
  • Cleaner
  • TV Licence £13
  • Insurance £125
  • Council Tax £181
  • Total £1,211
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LICENSING

  • HMO License Required Yes
  • HMO License in Place Yes
  • No of Persons 13
  • Units of Accomodation 13
  • Planning Use Class Sui Generis
  • HMO License Required Yes
  • HMO License in Place Yes
  • No of Persons 13
  • Units of Accomodation 13
  • Planning Use Class Sui Generis
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Management

  • Type Self Managed
  • Management Rate 10%
  • Monthly Management £563

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FLOOR PLAN

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LOCATION

Saint Peter's Road, Great Yarmouth, NR30 3AU, 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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