Super 4 Bed Pro HMO

South Street, Rugby CV21

REF 4630

  • INVESTMENT

    £300,000

  • GROSS YIELD

    11%

  • ANNUAL RENT

    £33,000

AgentHMO default property
  • INVESTMENT

    £300,000

  • GROSS YIELD

    11%

  • ANNUAL RENT

    £33,000

  • REF

    4630

DESCRIPTION

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Features

  • Great Location
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FINANCIALS

  • Investment £300,000
  • Gross Annual Rent £33,000
  • Gross Monthly Rent £2,750
  • Gross Yield 11%
  • Net Monthly Rent £2,126
  • Net Yield 8.5%
  • 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 £300,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type End of Terrace
  • Garage None
  • Tenure Freehold
  • Garden None
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Excellent
  • No Parking Spaces 1
  • Heating Gas Central Heating
  • EPC Rating
  • Size 1065 ft²
  • Listed Building No
  • Kitchens 1
  • Double Ensuite 4
  • Ensuite Bathrooms 4
  • Property Type House
  • Double Glazing Full
  • Sub Type End of Terrace
  • Garage None
  • Tenure Freehold
  • Garden None
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Excellent
  • No Parking Spaces 1
  • Heating Gas Central Heating
  • EPC Rating
  • Size 1065 ft²
  • Listed Building No
  • Kitchens 1
  • Kitchenettes 1
  • Double Ensuite 4
  • Ensuite Bathrooms 4
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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
  • 4
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 4
  • Unit 1
  • £675
  • Let
  • Double Room / Ensuite
  • Unit 2
  • £675
  • Let
  • Double Room / Ensuite
  • Unit 3
  • £675
  • Let
  • Double Room / Ensuite
  • Unit 4
  • £725
  • Let
  • Double Room / Ensuite
  • Total £2750
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Costs

  • Gas £140
  • Water £95
  • Wifi £34
  • Electric £140
  • Cleaner
  • TV Licence
  • Insurance £50
  • Council Tax £165
  • Gas £140
  • Water £95
  • Wifi £34
  • Electric £140
  • Cleaner
  • TV Licence
  • Insurance £50
  • Council Tax £165
  • Total £624
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LICENSING

  • HMO License Required No
  • HMO License in Place No
  • Licensing Authority Warwickshire rugby
  • HMO License Required No
  • HMO License in Place No
  • Licensing Authority Warwickshire rugby
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Management

  • Type Self Managed
  • Management Rate 12%
  • Monthly Management £330

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FLOOR PLAN

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LOCATION

South Street, Rugby, CV21 3SF, United Kingdom

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BROCHURE

Download the investment brochure
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