REF 739
INVESTMENT
£350,000
GROSS YIELD
10.23%
ANNUAL RENT
£35,820
This substantial and characterful Victorian house benefits from exceptionally large bedrooms, high ceilings and period features; including an original Milton tiled hallway.
Room rental prices include all bills (water, electric, gas, council tax, TV licence, broadband connection and cleaning of communal areas). TV aerial ports are installed in all bedrooms.
Exterior
There is a small, gated garden area to the front of the property. At the rear there is a spacious stone paved patio area, which is partially covered.
The ground floor comprises
Kitchen
New modern fully fitted kitchen with cream gloss units and wood-effect worktops
2 washing machines
Dishwasher
5-ring range style cooker with double oven, grill, black glass splash back and extractor
American style fridge freezer
Convection microwave, standard microwave, toaster, kettle, crockery, cutlery, utensils and cookware
Basement laundry room:
With a tumble dryer, clothes airers, worktops and additional fridge freezer.
*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 £2000 then the balance due on completion is £348,000.
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Holmes Naden
