Super 16 Bed Professional HMO Property

Heath End Road, Nuneaton, CV10

REF 724

  • INVESTMENT

    £850,000

  • GROSS YIELD

    10.16%

  • ANNUAL RENT

    £86,400

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Coming Soon
  • INVESTMENT

    £850,000

  • GROSS YIELD

    10.16%

  • ANNUAL RENT

    £86,400

  • REF

    724

DESCRIPTION

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Features

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FINANCIALS

  • Investment £850,000
  • Gross Annual Rent £86,400
  • Gross Monthly Rent £7,200
  • Gross Yield 10.16%
  • Net Monthly Rent £5,117
  • Net Yield 7.22%
  • Min 25% Deposit Requirement £212,500
  • Monthly Mortgage Payment* £1,328
  • Monthly Cashflow £3,789

*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 £850,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Detached
  • Garage None
  • Tenure Freehold
  • Garden None
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Excellent
  • No Parking Spaces 10
  • Heating Gas Central Heating
  • EPC Rating
  • Size 4366 ft²
  • Listed Building No
  • Kitchens 2
  • Reception Rooms 1
  • Double Ensuite 16
  • Property Type House
  • Double Glazing Full
  • Sub Type Detached
  • Garage None
  • Tenure Freehold
  • Garden None
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Excellent
  • No Parking Spaces 10
  • Heating Gas Central Heating
  • EPC Rating
  • Size 4366 ft²
  • Listed Building No
  • Kitchens 2
  • Reception Rooms 1
  • Double Ensuite 16
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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
  • Occupancy
  • Tenancy Type
  • No. of Tenants
  • 16
  • Tenant Type
  • Professional
  • Occupancy
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 16
  • Unit 1
  • £450
  • Double Room / Ensuite
  • Unit 2
  • £450
  • Double Room / Ensuite
  • Unit 3
  • £450
  • Double Room / Ensuite
  • Unit 4
  • £450
  • Double Room / Ensuite
  • Unit 5
  • £450
  • Double Room / Ensuite
  • Unit 6
  • £450
  • Double Room / Ensuite
  • Unit 7
  • £450
  • Double Room / Ensuite
  • Unit 8
  • £450
  • Double Room / Ensuite
  • Unit 9
  • £450
  • Double Room / Ensuite
  • Unit 10
  • £450
  • Double Room / Ensuite
  • Unit 11
  • £450
  • Double Room / Ensuite
  • Unit 12
  • £450
  • Double Room / Ensuite
  • Unit 13
  • £450
  • Double Room / Ensuite
  • Unit 14
  • £450
  • Double Room / Ensuite
  • Unit 15
  • £450
  • Double Room / Ensuite
  • Unit 16
  • £450
  • Double Room / Ensuite
  • Total £7200
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Costs

  • Gas
  • Water £2,083
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance
  • Council Tax
  • Gas
  • Water £2,083
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance
  • Council Tax
  • Total £2,083
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LICENSING

  • HMO License Required Yes
  • HMO License Required Yes
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Management

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FLOOR PLAN

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LOCATION

Heath End Road, Nuneaton, CV10 7JG, United Kingdom

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BROCHURE

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Coming Soon. We are currently in the process of on boarding this HMO opportunity. See Ts & Cs.
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