4 Bed Fully Let Student HMO

King George’s Road, Bath BA2

REF 681

  • INVESTMENT

    £344,000

  • GROSS YIELD

    6%

  • ANNUAL RENT

    £20,640

AgentHMO default property
Sold
  • INVESTMENT

    £344,000

  • GROSS YIELD

    6%

  • ANNUAL RENT

    £20,640

  • REF

    681

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 £344,000
  • Gross Annual Rent £20,640
  • Gross Monthly Rent £1,720
  • Gross Yield 6%
  • Net Monthly Rent £1,720
  • Net Yield 6%
  • Min 25% Deposit Requirement £86,000
  • Monthly Mortgage Payment* £538
  • Monthly Cashflow £1,183

*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 £344,000.

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Property

  • Property Type
  • Double Glazing
  • Sub Type
  • Garage
  • Tenure
  • Garden
  • Construction
  • Parking
  • Condition
  • No Parking Spaces
  • Heating
  • EPC Rating
  • Size
  • Listed Building
  • Single 4
  • Property Type
  • Double Glazing
  • Sub Type
  • Garage
  • Tenure
  • Garden
  • Construction
  • Parking
  • Condition
  • No Parking Spaces
  • Heating
  • EPC Rating
  • Size
  • Listed Building
  • Single 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
  • Student
  • 12 Month Occupancy
  • Occupancy
  • Fully Let
  • Tenancy Type
  • No. of Tenants
  • 4
  • Tenant Type
  • Student
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 4
  • Unit 1
  • £430
  • Unit 2
  • £430
  • Unit 3
  • £430
  • Unit 4
  • £430
  • Total £1720
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Costs

  • Gas
  • Water
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance
  • Council Tax
  • Gas
  • Water
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance
  • Council Tax
  • Total £0
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LICENSING

  • HMO License Required Yes
  • HMO License Expiry 2023-12-31
  • HMO License in Place Yes
  • No of Persons 4
  • HMO Licensing Cost £1000
  • Licensing Authority Bath and North East Somerset Council
  • HMO License Required Yes
  • HMO License Expiry 2023-12-31
  • HMO License in Place Yes
  • No of Persons 4
  • HMO Licensing Cost £1000
  • Licensing Authority Bath and North East Somerset Council
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Management

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FLOOR PLAN

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LOCATION

Rooksbridge Walk, Bath, BA2 1BS, United Kingdom

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BROCHURE

Download the investment 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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