Incredible Cash Flowing HMO Portfolio

Telford, Shropshire, TF7

REF 745

  • INVESTMENT

    £1,905,000

  • GROSS YIELD

    13.13%

  • ANNUAL RENT

    £250,056

AgentHMO default property
Sold
  • INVESTMENT

    £1,905,000

  • GROSS YIELD

    13.13%

  • ANNUAL RENT

    £250,056

  • REF

    745

DESCRIPTION

This is an incredible opportunity to buy a ready-made cash flowing portfolio of ten properties, with a total of 51 all ensuite bedrooms.

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Features

  • Fully Tenanted
  • Great Location
  • Strong Rental Demand
  • Capital Growth Potential
  • Good Transport Links
  • Fully Managed
  • Wireless Broadband
  • Shared Kitchen Dining Area
  • HMO Compliant Fire Alarm
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FINANCIALS

  • Investment £1,905,000
  • Gross Annual Rent £250,056
  • Gross Monthly Rent £20,838
  • Gross Yield 13.13%
  • Net Monthly Rent £17,358
  • Net Yield 10.93%
  • Min 25% Deposit Requirement £476,250
  • Monthly Mortgage Payment* £5,953
  • Monthly Cashflow £11,405

*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 £1,905,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Kitchens 10
  • Reception Rooms 10
  • Double Ensuite 51
  • Ensuite Bathrooms 51
  • Property Type House
  • Double Glazing Full
  • Sub Type
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Kitchens 10
  • Reception Rooms 10
  • Double Ensuite 51
  • Ensuite Bathrooms 51
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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
  • 98
  • Occupancy
  • Fully Let
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 51
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 98
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 51
  • Unit 1
  • £1980
  • Let
  • HMO Property
  • Unit 2
  • £1980
  • Let
  • HMO Property
  • Unit 3
  • £1980
  • Let
  • HMO Property
  • Unit 4
  • £1980
  • Let
  • HMO Property
  • Unit 5
  • £1980
  • Let
  • HMO Property
  • Unit 6
  • £1980
  • Let
  • HMO Property
  • Unit 7
  • £2060
  • Let
  • HMO Property
  • Unit 8
  • £2140
  • Let
  • HMO Property
  • Unit 9
  • £2400
  • Let
  • HMO Property
  • Unit 10
  • £2358
  • Let
  • HMO Property
  • Total £20838
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Costs

  • Gas £720
  • Water £400
  • Wifi
  • Electric £770
  • Cleaner £300
  • TV Licence £130
  • Insurance £100
  • Council Tax £1,060
  • Gas £720
  • Water £400
  • Wifi
  • Electric £770
  • Cleaner £300
  • TV Licence £130
  • Insurance £100
  • Council Tax £1,060
  • Total £3,480
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LICENSING

  • HMO License Required Yes
  • HMO License in Place Yes
  • HMO License Required Yes
  • HMO License in Place Yes
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Management

  • Type Local Agent
  • Management Rate 10%
  • Monthly Management £2,084

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FLOOR PLAN

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LOCATION

Telford, TF1 1AF, 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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