Brilliant Working 6 Bed HMO Property

Albany Road, Balby, Doncaster, DN4

REF 642

  • INVESTMENT

    £210,000

  • GROSS YIELD

    15.28%

  • ANNUAL RENT

    £32,088

AgentHMO default property
Sold
  • INVESTMENT

    £210,000

  • GROSS YIELD

    15.28%

  • ANNUAL RENT

    £32,088

  • REF

    642

DESCRIPTION

Back to menu

Features

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

FINANCIALS

  • Investment £210,000
  • Gross Annual Rent £32,088
  • Gross Monthly Rent £2,674
  • Gross Yield 15.28%
  • Net Monthly Rent £2,281
  • Net Yield 13.03%
  • Min 25% Deposit Requirement £52,500
  • Monthly Mortgage Payment* £328
  • Monthly Cashflow £1,953

*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.

Back to menu

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 £210,000.

Back to menu

Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building
  • Kitchens 1
  • Double Ensuite 6
  • Ensuite Bathrooms 6
  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building
  • Kitchens 1
  • Double Ensuite 6
  • Ensuite Bathrooms 6
Back to menu

Photos

Back to menu

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.

Back to menu

Rental

  • Tenant Type
  • Professional
  • 12 Month Occupancy
  • Occupancy
  • Fully Let
  • Tenancy Type
  • No. of Tenants
  • 6
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 6
  • Unit 1
  • £478
  • Let
  • Double Room / Ensuite
  • Unit 2
  • £478
  • Let
  • Double Room / Ensuite
  • Unit 3
  • £435
  • Let
  • Double Room / Ensuite
  • Unit 4
  • £391
  • Let
  • Double Room / Ensuite
  • Unit 5
  • £435
  • Let
  • Double Room / Ensuite
  • Unit 6
  • £457
  • Let
  • Double Room / Ensuite
  • Total £2674
Back to menu

Costs

  • Gas £90
  • Water £58
  • Wifi £44
  • Electric £87
  • Cleaner
  • TV Licence
  • Insurance £21
  • Council Tax £93
  • Gas £90
  • Water £58
  • Wifi £44
  • Electric £87
  • Cleaner
  • TV Licence
  • Insurance £21
  • Council Tax £93
  • Total £393
Back to menu

LICENSING

  • HMO License Required Yes
  • HMO License Expiry 2022-06-20
  • HMO License in Place Yes
  • No of Persons 6
  • HMO Licensing Cost £900
  • Units of Accomodation 6
  • HMO License Required Yes
  • HMO License Expiry 2022-06-20
  • HMO License in Place Yes
  • No of Persons 6
  • HMO Licensing Cost £900
  • Units of Accomodation 6
Back to menu

Management

  • Type Local Agent
  • Management Rate 8%
  • Monthly Management £214

Back to menu

FLOOR PLAN

Back to menu

LOCATION

Albany Road, Doncaster, DN4 0QW, United Kingdom

Back to menu

BROCHURE

Download the investment brochure
Back to menu
This property is now Sold. For more like it you can leave your details and we will be in touch to discuss.
REQUEST FULL DETAILS