Super 5 Bed Pro HMO

Round Hill Grove Bath BA2

REF 4610

  • INVESTMENT

    £400,000

  • GROSS YIELD

    8.9%

  • ANNUAL RENT

    £35,580

AgentHMO default property
Coming Soon
  • INVESTMENT

    £400,000

  • GROSS YIELD

    8.9%

  • ANNUAL RENT

    £35,580

  • REF

    4610

DESCRIPTION

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Features

  • Great Location
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FINANCIALS

  • Investment £400,000
  • Gross Annual Rent £35,580
  • Gross Monthly Rent £2,965
  • Gross Yield 8.9%
  • Net Monthly Rent £2,371
  • Net Yield 7.11%
  • 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 £400,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Excellent
  • No Parking Spaces 2
  • Heating Gas Central Heating
  • EPC Rating 67D
  • Size 1216 ft²
  • Listed Building No
  • Kitchens 1
  • Double 4
  • Reception Rooms 1
  • Double Ensuite 1
  • Ensuite Bathrooms 1
  • Shared Bathrooms 2
  • Property Type House
  • Double Glazing Full
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Excellent
  • No Parking Spaces 2
  • Heating Gas Central Heating
  • EPC Rating 67D
  • Size 1216 ft²
  • Listed Building No
  • Kitchens 1
  • Double 4
  • Reception Rooms 1
  • Double Ensuite 1
  • Ensuite Bathrooms 1
  • Shared Bathrooms 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
  • £590
  • Let
  • Double Room
  • Unit 2
  • £675
  • Let
  • Double Room / Ensuite
  • Unit 3
  • £550
  • Let
  • Double Room
  • Unit 4
  • £575
  • Let
  • Double Room
  • Unit 5
  • £575
  • Let
  • Double Room
  • Total £2965
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Costs

  • Gas £110
  • Water £112
  • Wifi £25
  • Electric £110
  • Cleaner £60
  • TV Licence £14
  • Insurance £22
  • Council Tax £141
  • Gas £110
  • Water £112
  • Wifi £25
  • Electric £110
  • Cleaner £60
  • TV Licence £14
  • Insurance £22
  • Council Tax £141
  • Total £594
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LICENSING

  • HMO License Required Yes
  • HMO License Expiry 2028-09-30
  • HMO License in Place Yes
  • No of Persons 5
  • HMO Licensing Cost £750
  • Units of Accomodation 5
  • Licensing Authority Bath & North East Somerset Council
  • Planning Use Class C4
  • HMO License Required Yes
  • HMO License Expiry 2028-09-30
  • HMO License in Place Yes
  • No of Persons 5
  • HMO Licensing Cost £750
  • Units of Accomodation 5
  • Licensing Authority Bath & North East Somerset Council
  • Planning Use Class C4
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Management

  • Type Self Managed
  • Management Rate 14%
  • Monthly Management £415

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FLOOR PLAN

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LOCATION

Roundhill Grove, Bath, BA2 1JU, United Kingdom

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BROCHURE

Download the investment 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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