Super 5 Bed Pro HMO For Sale

DESCRIPTION

Features

FINANCIALS

Investment £999,999
Gross Annual Rent £24,312
Gross Monthly Rent £2,026
Gross Yield 2.43%
Net Monthly Rent £1,470
Net Yield 1.76%

Min 25% Deposit Requirement £250,000
Monthly Mortgage Payment* £3,125
Monthly Cashflow £-1,655

*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.

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.

Property

Property Type House
Double Glazing Full
Sub Type Mid-Terrace
Garage Single
Tenure Freehold
Garden None
Construction Brick & Tile
Parking Off-Road
Condition Poor
No Parking Spaces 4
Heating Gas Central Heating
EPC Rating
Size
Listed Building No

Single 5
Shared Bathrooms 1
Seperate WCs 2

Property Type House
Double Glazing Full
Sub Type Mid-Terrace
Garage Single
Tenure Freehold
Garden None
Construction Brick & Tile
Parking Off-Road
Condition Poor
No Parking Spaces 4
Heating Gas Central Heating
EPC Rating
Size
Listed Building No

Single 5
Kitchenettes 1
Shared Bathrooms 1
Seperate WCs 2

Photos

VIRTUAL TOUR

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

VIRTUAL TOUR NOT AVAILABLE

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
£500

Unit 2
£500

Unit 3
£500

Unit 4
£500

Unit 5
£1

Unit 6
£1

Unit 7
£1

Unit 8
£1

Unit 9
£1

Unit 10
£1

Unit 11
£1

Unit 12
£1

Unit 13
£1

Unit 14
£1

Unit 15
£1

Unit 16
£1

Unit 17
£1

Unit 18
£1

Unit 19
£1

Unit 20
£1

Unit 21
£1

Unit 22
£1

Unit 23
£1

Unit 24
£1

Unit 25
£1

Unit 26
£1

Unit 27
£1

Unit 28
£1

Unit 29
£1

Unit 30
£1

Total £2026

Costs

Gas £200
Water £25
Wifi £26
Electric £100
Cleaner £40
TV Licence £15
Insurance £20
Council Tax £130

Gas £200
Water £25
Wifi £26
Electric £100
Cleaner £40
TV Licence £15
Insurance £20
Council Tax £130

Total £556

LICENSING

Management

FLOOR PLAN

LOCATION

New Cheveley Road, Newmarket, CB8 8BX, United Kingdom

BROCHURE

Download the investment brochure

Coming Soon. We are currently in the process of on boarding this HMO opportunity. See Ts & Cs.

Super 5 Bed Pro HMO

Address TBC