Super 6 Bed Pro HMO

Langley Lane, Crawley RH11

REF 4397

  • INVESTMENT

    £900,000

  • GROSS YIELD

    8%

  • ANNUAL RENT

    £72,000

AgentHMO default property
Coming Soon
  • INVESTMENT

    £900,000

  • GROSS YIELD

    8%

  • ANNUAL RENT

    £72,000

  • REF

    4397

DESCRIPTION

Back to menu

Features

  • Fully Tenanted
  • Fully Refurbished
  • Great Location
  • Strong Rental Demand
  • Capital Growth Potential
  • Good Transport Links
  • Wifi Enabled Heating
  • Wireless Broadband
  • Shared Kitchen Dining Area
  • HMO Compliant Fire Alarm
Back to menu

FINANCIALS

  • Investment £900,000
  • Gross Annual Rent £72,000
  • Gross Monthly Rent £6,000
  • Gross Yield 8%
  • Net Monthly Rent £4,927
  • Net Yield 6.57%
  • Min 25% Deposit Requirement £225,000
  • Monthly Mortgage Payment* £2,813
  • Monthly Cashflow £2,115

*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.

Back to menu

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 £900,000.

Back to menu

Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Detached
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Excellent
  • No Parking Spaces 5
  • Heating Gas Central Heating
  • EPC Rating 77C
  • Size 2260 ft²
  • Listed Building No
  • Kitchens 1
  • Reception Rooms 3
  • Double Ensuite 6
  • Ensuite Bathrooms 6
  • Property Type House
  • Double Glazing Full
  • Sub Type Detached
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Excellent
  • No Parking Spaces 5
  • Heating Gas Central Heating
  • EPC Rating 77C
  • Size 2260 ft²
  • Listed Building No
  • Kitchens 1
  • Kitchenettes 5
  • Reception Rooms 3
  • Double Ensuite 6
  • Ensuite Bathrooms 6
Back to menu

Photos

Back to menu

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.

Back to menu

Rental

  • Tenant Type
  • Professional
  • 12 Month Occupancy
  • 100
  • Occupancy
  • Fully Let
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 8
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 8
  • Unit 1
  • £1000
  • Let
  • Double Room / Ensuite
  • Unit 2
  • £1000
  • Let
  • Double Room / Ensuite
  • Unit 3
  • £1000
  • Let
  • Double Room / Ensuite
  • Unit 4
  • £1000
  • Let
  • Double Room / Ensuite
  • Unit 5
  • £1000
  • Let
  • Double Room / Ensuite
  • Unit 6
  • £1000
  • Let
  • Double Room / Ensuite
  • Total £6000
Back to menu

Costs

  • Gas £300
  • Water £50
  • Wifi £40
  • Electric £300
  • Cleaner £110
  • TV Licence £14
  • Insurance £45
  • Council Tax £214
  • Gas £300
  • Water £50
  • Wifi £40
  • Electric £300
  • Cleaner £110
  • TV Licence £14
  • Insurance £45
  • Council Tax £214
  • Total £1,073
Back to menu

LICENSING

  • HMO License Required Yes
  • HMO License in Place Yes
  • No of Persons 6
  • Units of Accomodation 6
  • Licensing Authority Crawley Borough Council
  • Planning Use Class C3
  • HMO License Required Yes
  • HMO License in Place Yes
  • No of Persons 6
  • Units of Accomodation 6
  • Licensing Authority Crawley Borough Council
  • Planning Use Class C3
Back to menu

Management

  • Type Self Managed
  • Management Rate 10%
  • Monthly Management £600

Back to menu

FLOOR PLAN

Back to menu

LOCATION

Langley Lane, Crawley, RH11 0NA, United Kingdom

Back to menu

BROCHURE

Download the investment brochure
Back to menu
Coming Soon. We are currently in the process of on boarding this HMO opportunity. See Ts & Cs.
REGISTER YOUR INTEREST