Super 5 Bed Pro HMO

Victoria Avenue, Nottingham, NG2

REF 4587

  • INVESTMENT

    £999,999

  • GROSS YIELD

    3.3%

  • ANNUAL RENT

    £33,000

AgentHMO default property
  • INVESTMENT

    £999,999

  • GROSS YIELD

    3.3%

  • ANNUAL RENT

    £33,000

  • REF

    4587

DESCRIPTION

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Features

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

  • Investment £999,999
  • Gross Annual Rent £33,000
  • Gross Monthly Rent £2,750
  • Gross Yield 3.3%
  • Net Monthly Rent £2,220
  • Net Yield 2.66%
  • Min 25% Deposit Requirement
  • Monthly Mortgage Payment*
  • Monthly Cashflow

*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 £999,999.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type End of Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Excellent
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 59D
  • Size 1388 ft²
  • Listed Building No
  • Kitchens 1
  • Double 5
  • Reception Rooms 1
  • Shared Bathrooms 2
  • Seperate WCs 2
  • Property Type House
  • Double Glazing Full
  • Sub Type End of Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Excellent
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 59D
  • Size 1388 ft²
  • Listed Building No
  • Kitchens 1
  • Double 5
  • Reception Rooms 1
  • Shared Bathrooms 2
  • Seperate WCs 2
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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
  • Professional
  • 12 Month Occupancy
  • 100
  • Occupancy
  • Fully Let
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 5
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 5
  • Unit 1
  • £550
  • Let
  • Double Room
  • Unit 2
  • £550
  • Let
  • Double Room
  • Unit 3
  • £550
  • Let
  • Double Room
  • Unit 4
  • £550
  • Let
  • Double Room
  • Unit 5
  • £550
  • Let
  • Double Room
  • Total £2750
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Costs

  • Gas £100
  • Water £50
  • Wifi £30
  • Electric £100
  • Cleaner
  • TV Licence £15
  • Insurance £35
  • Council Tax £200
  • Gas £100
  • Water £50
  • Wifi £30
  • Electric £100
  • Cleaner
  • TV Licence £15
  • Insurance £35
  • Council Tax £200
  • Total £530
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LICENSING

  • HMO License Required Yes
  • HMO License Required Yes
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Management

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FLOOR PLAN

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LOCATION

Victoria Avenue, Nottingham, NG2 4HD, United Kingdom

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BROCHURE

Download the investment brochure
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