Super 5 Bed All Ensuite HMO Property

Catterick Close Telford, TF1

REF 728

  • INVESTMENT

    £180,000

  • GROSS YIELD

    13.2%

  • ANNUAL RENT

    £23,760

AgentHMO default property
Sold
  • INVESTMENT

    £180,000

  • GROSS YIELD

    13.2%

  • ANNUAL RENT

    £23,760

  • REF

    728

DESCRIPTION

Part of a portfolio of ten properties in Telford, 51 Bedrooms

Back to menu

Features

  • Fully Tenanted
  • Fully Refurbished
  • Great Location
  • Strong Rental Demand
  • Good Transport Links
Back to menu

FINANCIALS

  • Investment £180,000
  • Gross Annual Rent £23,760
  • Gross Monthly Rent £1,980
  • Gross Yield 13.2%
  • Net Monthly Rent £1,642
  • Net Yield 10.95%
  • Min 25% Deposit Requirement £45,000
  • Monthly Mortgage Payment* £563
  • Monthly Cashflow £1,080

*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 £180,000.

Back to menu

Property

  • Property Type House
  • Double Glazing Part
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Excellent
  • No Parking Spaces 3
  • Heating Gas Central Heating
  • EPC Rating 73C
  • Size 936 ft²
  • Listed Building No
  • Kitchens 1
  • Reception Rooms 1
  • Double Ensuite 5
  • Ensuite Bathrooms 5
  • Property Type House
  • Double Glazing Part
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Excellent
  • No Parking Spaces 3
  • Heating Gas Central Heating
  • EPC Rating 73C
  • Size 936 ft²
  • Listed Building No
  • Kitchens 1
  • Reception Rooms 1
  • Double Ensuite 5
  • Ensuite Bathrooms 5
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
  • Multi Tenancy (AST)
  • No. of Tenants
  • 5
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 5
  • Unit 1
  • £396
  • Let
  • Double Room / Ensuite
  • Unit 2
  • £396
  • Let
  • Double Room / Ensuite
  • Unit 3
  • £396
  • Let
  • Double Room / Ensuite
  • Unit 4
  • £396
  • Let
  • Double Room / Ensuite
  • Unit 5
  • £396
  • Let
  • Double Room / Ensuite
  • Total £1980
Back to menu

Costs

  • Gas £70
  • Water £40
  • Wifi
  • Electric £75
  • Cleaner £30
  • TV Licence £13
  • Insurance £10
  • Council Tax £100
  • Gas £70
  • Water £40
  • Wifi
  • Electric £75
  • Cleaner £30
  • TV Licence £13
  • Insurance £10
  • Council Tax £100
  • Total £338
Back to menu

LICENSING

  • HMO License Required Yes
  • HMO License Expiry 2025-12-24
  • HMO License in Place Yes
  • No of Persons 5
  • Units of Accomodation 5
  • HMO License Required Yes
  • HMO License Expiry 2025-12-24
  • HMO License in Place Yes
  • No of Persons 5
  • Units of Accomodation 5
Back to menu

Management

  • Type Self Managed

Back to menu

FLOOR PLAN

Back to menu

LOCATION

Catterick Close, Telford, TF1 6UU, 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