Super 6 Bed Pro HMO

Murray Road, Rugby, CV21

REF 4621

  • INVESTMENT

    £320,000

  • GROSS YIELD

    11.19%

  • ANNUAL RENT

    £35,820

AgentHMO default property
  • INVESTMENT

    £320,000

  • GROSS YIELD

    11.19%

  • ANNUAL RENT

    £35,820

  • REF

    4621

DESCRIPTION

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Features

  • Fully Tenanted
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FINANCIALS

  • Investment £320,000
  • Gross Annual Rent £35,820
  • Gross Monthly Rent £2,985
  • Gross Yield 11.19%
  • Net Monthly Rent £2,221
  • Net Yield 8.33%
  • 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 £320,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Average
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 47E
  • Size 1400 ft²
  • Listed Building No
  • Kitchens 1
  • Double 6
  • Reception Rooms 1
  • Shared Bathrooms 2
  • Seperate WCs 2
  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Average
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 47E
  • Size 1400 ft²
  • Listed Building No
  • Kitchens 1
  • Double 6
  • 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
  • 6
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 6
  • Unit 1
  • £500
  • Let
  • Double Room
  • Unit 2
  • £540
  • Let
  • Double Room
  • Unit 3
  • £560
  • Let
  • Double Room
  • Unit 4
  • £475
  • Let
  • Double Room
  • Unit 5
  • £390
  • Let
  • Double Room
  • Unit 6
  • £520
  • Let
  • Double Room
  • Total £2985
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Costs

  • Gas £200
  • Water £46
  • Wifi £50
  • Electric £170
  • Cleaner £84
  • TV Licence £15
  • Insurance £30
  • Council Tax £169
  • Gas £200
  • Water £46
  • Wifi £50
  • Electric £170
  • Cleaner £84
  • TV Licence £15
  • Insurance £30
  • Council Tax £169
  • Total £764
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LICENSING

  • HMO License Required Yes
  • HMO License Expiry 2029-05-12
  • HMO License in Place Yes
  • No of Persons 6
  • HMO Licensing Cost £1362
  • Units of Accomodation 6
  • Licensing Authority Rugby Borough Council
  • Planning Use Class C4
  • HMO License Required Yes
  • HMO License Expiry 2029-05-12
  • HMO License in Place Yes
  • No of Persons 6
  • HMO Licensing Cost £1362
  • Units of Accomodation 6
  • Licensing Authority Rugby Borough Council
  • Planning Use Class C4
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Management

  • Type Self Managed
  • Management Rate 12%
  • Monthly Management £358

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FLOOR PLAN

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LOCATION

Murray Road, Rugby, CV21 3JN, United Kingdom

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BROCHURE

Download the investment brochure
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