This is a superb 5 double bedroom 4 ensuite 2 story end of terrace |HMO in Bradford, it has been newly refurbished to a high standard. This freehold property has high yields of 10.1% and is fully tenanted and cash flowing.
The property is well located in an established residential area in Bradford, it is a 15-minute walk to the local hospital and the local supermarket with direct access to the A6177 and the M62.
The property benefits from a New HMO licence, good quality professional tenants, four ensuites, one shared bathroom, reception room, a large kitchen and two bedrooms have their own kitchenette. This property is producing an income of £18,300 per annum.
We are able to make an introduction to any prospective buyer to a local managing agent who offers a rental guarantee scheme.
*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.
The fee charged to the buyer in addition to the purchase price.
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 £180,000.
Parkside Road, Bradford, BD5 8DY, United Kingdom