Brilliant Working 6 Bed HMO Property For Sale | Agent HMO

Brilliant Working 6 Bed HMO Property

Albany Road, Balby, Doncaster, DN4

REF 642

  • INVESTMENT

    £210,000

  • GROSS YIELD

    15.28%

  • ANNUAL RENT

    £32,088

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Sold
  • INVESTMENT

    £210,000

  • GROSS YIELD

    15.28%

  • ANNUAL RENT

    £32,088

  • REF

    642

DESCRIPTION

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Features

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

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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 £210,000.

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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 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
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Photos

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VIRTUAL TOUR

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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
  • 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
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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
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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
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Management

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

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FLOOR PLAN

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LOCATION

Albany Road, Doncaster, DN4 0QW, United Kingdom

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BROCHURE

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This property is now Sold. For more like it you can leave your details and we will be in touch to discuss.
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