Super 23 Bed Pro HMO

Fitzwilliam St, Cambridge CB1

REF 4553

  • INVESTMENT

    £785,000

  • GROSS YIELD

    34.75%

  • ANNUAL RENT

    £272,784

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Sold

  • INVESTMENT

    £785,000

  • GROSS YIELD

    34.75%

  • ANNUAL RENT

    £272,784

  • REF

    4553

SOLD DETAILS

DESCRIPTION

increadible NCI propert

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Features

  • Fully Refurbished
  • Great Location
  • Strong Rental Demand
  • Capital Growth Potential
  • Good Transport Links
  • Wireless Broadband
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FINANCIALS

  • Investment £785,000
  • Gross Annual Rent £272,784
  • Gross Monthly Rent £22,732
  • Gross Yield 34.75%
  • Net Monthly Rent £18,643
  • Net Yield 28.5%
  • Min 25% Deposit Requirement £196,250
  • Monthly Mortgage Payment* £2,453
  • Monthly Cashflow £12,305

*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 £785,000.

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Property

  • Property Type Bungalow
  • Double Glazing None
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Share of Freehold
  • Garden Front
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Excellent
  • No Parking Spaces 3
  • Heating Electric
  • EPC Rating 40E
  • Size 1154 ft²
  • Listed Building Yes
  • Single 5
  • Kitchens 18
  • Single Ensuite 4
  • Kitchenettes 27
  • Double 13
  • Reception Rooms 31
  • Double Ensuite 11
  • Ensuite Bathrooms 49
  • Studio 2
  • Shared Bathrooms 48
  • 1 Bed Flat 51
  • Seperate WCs 45
  • 2 Bed Flat 53
  • Property Type Bungalow
  • Double Glazing None
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Share of Freehold
  • Garden Front
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Excellent
  • No Parking Spaces 3
  • Heating Electric
  • EPC Rating 40E
  • Size 1154 ft²
  • Listed Building Yes
  • Single 5
  • Kitchens 18
  • Single Ensuite 4
  • Kitchenettes 27
  • Double 13
  • Reception Rooms 31
  • Double Ensuite 11
  • Ensuite Bathrooms 49
  • Studio 2
  • Shared Bathrooms 48
  • 1 Bed Flat 51
  • Seperate WCs 45
  • 2 Bed Flat 53
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Photos

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VIRTUAL TOUR

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VIRTUAL TOUR NOT AVAILABLE

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VIRTUAL TOUR NOT AVAILABLE
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Rental

  • Tenant Type
  • Professional
  • 12 Month Occupancy
  • 34
  • Occupancy
  • Fully Let
  • Tenancy Type
  • Joint Tenancy (AST)
  • No. of Tenants
  • 115
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 34
  • Tenancy Type
  • Joint Tenancy (AST)
  • No. of Tenants
  • 115
  • Unit 1
  • £123
  • Let
  • Single Room / Ensuite
  • Unit 2
  • £345
  • Vacant
  • Single Room
  • Unit 3
  • £456
  • Let
  • Double Room / Ensuite
  • Unit 4
  • £567
  • Vacant
  • Double Room
  • Unit 5
  • £678
  • Let
  • Studio
  • Unit 6
  • £789
  • Vacant
  • 1 Bed Flat
  • Unit 7
  • £890
  • Vacant
  • 2 Bed Flat
  • Unit 8
  • £987
  • Vacant
  • 3 Bed Flat
  • Unit 9
  • £87
  • Let
  • Single Room
  • Unit 10
  • £765
  • Let
  • HMO Property
  • Unit 11
  • £654
  • Vacant
  • Single Room / Ensuite
  • Unit 12
  • £543
  • Let
  • Single Room
  • Unit 13
  • £432
  • Let
  • Double Room / Ensuite
  • Unit 14
  • £321
  • Let
  • Double Room
  • Unit 15
  • £687
  • Let
  • Studio
  • Unit 16
  • £4576
  • Let
  • 1 Bed Flat
  • Unit 17
  • £354
  • Vacant
  • 2 Bed Flat
  • Unit 18
  • £654
  • Double Room / Ensuite
  • Unit 19
  • £466
  • Double Room
  • Unit 20
  • £786
  • Single Room / Ensuite
  • Unit 21
  • £476
  • Single Room
  • Unit 22
  • £756
  • Let
  • Double Room
  • Unit 23
  • £474
  • Vacant
  • Double Room / Ensuite
  • Unit 24
  • £363
  • Vacant
  • Studio
  • Unit 25
  • £252
  • 1 Bed Flat
  • Unit 26
  • £141
  • Vacant
  • 2 Bed Flat
  • Unit 27
  • £226
  • Vacant
  • Parking
  • Unit 28
  • £222
  • Vacant
  • 2 Bed Flat
  • Unit 29
  • £333
  • Garage
  • Unit 30
  • £444
  • Vacant
  • 2 Bed Flat
  • Total £18847
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Costs

  • Gas £123
  • Water £234
  • Wifi £456
  • Electric £345
  • Cleaner £567
  • TV Licence £678
  • Insurance £897
  • Council Tax £789
  • Gas £123
  • Water £234
  • Wifi £456
  • Electric £345
  • Cleaner £567
  • TV Licence £678
  • Insurance £897
  • Council Tax £789
  • Total £4,089
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LICENSING

  • HMO License Required Yes
  • HMO License Expiry 2024-08-28
  • HMO License in Place Yes
  • No of Persons 34
  • HMO Licensing Cost £2345
  • Units of Accomodation 23
  • Licensing Authority Cambridge City Council
  • Planning Use Class C4
  • HMO License Required Yes
  • HMO License Expiry 2024-08-28
  • HMO License in Place Yes
  • No of Persons 34
  • HMO Licensing Cost £2345
  • Units of Accomodation 23
  • Licensing Authority Cambridge City Council
  • Planning Use Class C4
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Management

  • Type Self Managed
  • Management Rate 10%
  • Monthly Management £1,516

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FLOOR PLAN

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LOCATION

Saint Eligius Place, Cambridge, CB2 1QQ, 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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SOLD DETAILS